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

Clough Global Equity Fund (NYSEAMERICAN:GLQ) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 10,686 shares, a drop of 32.2% from the January 15th total of 15,759 shares. Based on an average trading volume of 93,117 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 93,117 shares, the short-interest ratio is presently 0.1 days.

Clough Global Equity Fund Trading Up 0.1%

NYSEAMERICAN GLQ traded up $0.01 during trading hours on Friday, hitting $8.19. 42,465 shares of the company were exchanged, compared to its average volume of 83,172. Clough Global Equity Fund has a 52 week low of $5.33 and a 52 week high of $8.38. The stock has a 50-day moving average price of $7.92 and a 200 day moving average price of $7.69.

Clough Global Equity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be issued a dividend of $0.0729 per share. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date is Wednesday, March 18th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Clough Global Equity Fund by 74.3% in the first quarter. Royal Bank of Canada now owns 293,734 shares of the investment management company’s stock valued at $1,848,000 after acquiring an additional 125,252 shares during the period. Shaker Financial Services LLC raised its position in Clough Global Equity Fund by 19.8% in the 2nd quarter. Shaker Financial Services LLC now owns 63,000 shares of the investment management company’s stock worth $449,000 after purchasing an additional 10,420 shares during the period. Raymond James Financial Inc. lifted its stake in Clough Global Equity Fund by 4.1% in the second quarter. Raymond James Financial Inc. now owns 71,533 shares of the investment management company’s stock worth $510,000 after purchasing an additional 2,832 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of Clough Global Equity Fund during the second quarter valued at approximately $107,000. Finally, Osaic Holdings Inc. grew its stake in shares of Clough Global Equity Fund by 476.2% during the second quarter. Osaic Holdings Inc. now owns 44,027 shares of the investment management company’s stock valued at $314,000 after buying an additional 36,386 shares during the last quarter.

About Clough Global Equity Fund

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.