Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Update

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 76,200 shares, a decrease of 5.7% from the November 30th total of 80,800 shares. Based on an average daily volume of 36,500 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Trading of Clough Global Dividend and Income Fund

Several large investors have recently modified their holdings of the business. Rivernorth Capital Management LLC lifted its holdings in Clough Global Dividend and Income Fund by 2.8% in the 3rd quarter. Rivernorth Capital Management LLC now owns 369,753 shares of the investment management company’s stock worth $2,178,000 after buying an additional 10,197 shares during the period. Cornerstone Advisors LLC lifted its stake in Clough Global Dividend and Income Fund by 4.7% in the second quarter. Cornerstone Advisors LLC now owns 254,943 shares of the investment management company’s stock worth $1,453,000 after acquiring an additional 11,436 shares during the period. Almitas Capital LLC boosted its holdings in Clough Global Dividend and Income Fund by 57.7% in the second quarter. Almitas Capital LLC now owns 223,367 shares of the investment management company’s stock valued at $1,273,000 after acquiring an additional 81,718 shares in the last quarter. Sanctuary Advisors LLC increased its position in Clough Global Dividend and Income Fund by 300.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 98,310 shares of the investment management company’s stock valued at $562,000 after purchasing an additional 73,740 shares during the period. Finally, Shaker Financial Services LLC lifted its position in shares of Clough Global Dividend and Income Fund by 254.1% in the 2nd quarter. Shaker Financial Services LLC now owns 64,508 shares of the investment management company’s stock worth $368,000 after purchasing an additional 46,293 shares during the period.

Clough Global Dividend and Income Fund Trading Up 0.4 %

Shares of GLV opened at $5.43 on Thursday. Clough Global Dividend and Income Fund has a twelve month low of $5.11 and a twelve month high of $6.30.

Clough Global Dividend and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a dividend of $0.0526 per share. The ex-dividend date was Monday, December 16th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.62%.

Clough Global Dividend and Income Fund Company Profile

Clough Global Dividend and Income Fund is a closed ended balanced mutual fund launched and managed by Clough Capital Partners L.P. The fund primarily invests in the public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.