Short Interest in Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Decreases By 61.3%

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 29,500 shares, a decline of 61.3% from the December 31st total of 76,200 shares. Based on an average trading volume of 38,000 shares, the short-interest ratio is presently 0.8 days.

Clough Global Dividend and Income Fund Stock Performance

NYSEAMERICAN GLV traded down $0.03 during trading on Friday, hitting $5.48. The stock had a trading volume of 35,002 shares, compared to its average volume of 28,773. Clough Global Dividend and Income Fund has a 12 month low of $5.13 and a 12 month high of $6.30.

Clough Global Dividend and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.0526 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 11.52%. The ex-dividend date of this dividend is Tuesday, March 18th.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

An institutional investor recently bought a new position in Clough Global Dividend and Income Fund stock. Sanctuary Advisors LLC purchased a new stake in Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,570 shares of the investment management company’s stock, valued at approximately $132,000.

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.