Clough Global Equity Fund (NYSEAMERICAN:GLQ) Short Interest Update

by · The Markets Daily

Clough Global Equity Fund (NYSEAMERICAN:GLQ – Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,764 shares, a decline of 73.9% from the December 15th total of 6,761 shares. Based on an average trading volume of 72,289 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 72,289 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Clough Global Equity Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Alpine Global Management LLC purchased a new position in Clough Global Equity Fund during the third quarter valued at approximately $1,550,000. Verition Fund Management LLC boosted its stake in shares of Clough Global Equity Fund by 70.6% during the 3rd quarter. Verition Fund Management LLC now owns 483,270 shares of the investment management company’s stock valued at $3,678,000 after buying an additional 200,045 shares during the period. TrueMark Investments LLC acquired a new position in shares of Clough Global Equity Fund in the third quarter worth $1,460,000. Royal Bank of Canada raised its holdings in shares of Clough Global Equity Fund by 74.3% during the first quarter. Royal Bank of Canada now owns 293,734 shares of the investment management company’s stock worth $1,848,000 after acquiring an additional 125,252 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its position in Clough Global Equity Fund by 31.7% during the third quarter. Blue Bell Private Wealth Management LLC now owns 160,208 shares of the investment management company’s stock valued at $1,219,000 after purchasing an additional 38,583 shares during the last quarter.

Clough Global Equity Fund Trading Up 0.2%

NYSEAMERICAN GLQ traded up $0.02 on Tuesday, hitting $8.12. 83,405 shares of the stock were exchanged, compared to its average volume of 80,778. The company’s 50-day moving average price is $7.71 and its two-hundred day moving average price is $7.53. Clough Global Equity Fund has a 52-week low of $5.33 and a 52-week high of $8.16.

Clough Global Equity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be given a dividend of $0.0729 per share. This represents a c) annualized dividend and a yield of 10.8%. The ex-dividend date of this dividend is Wednesday, March 18th.

About Clough Global Equity Fund

(Get Free Report)

Clough Global Equity Fund (NYSE American: GLQ) is a closed-end management investment company that seeks long-term capital appreciation through a diversified portfolio of global equity securities. The fund’s primary objective is to invest in a concentrated selection of companies across both developed and emerging markets, providing U.S. investors with access to international growth opportunities alongside domestic equities. Its shares trade on the NYSE American exchange, offering investors liquidity and the potential benefits of a closed-end structure.

The fund adopts a bottom-up, fundamental research approach to identify high-quality companies trading at attractive valuations.

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