Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) Short Interest Down 39.5% in June

Clough Global Dividend and Income Fund (NYSEAMERICAN:GLV) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,505 shares, a decline of 39.5% from the June 15th total of 9,104 shares. Based on an average daily trading volume, of 55,004 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Clough Global Dividend and Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL acquired a new position in Clough Global Dividend and Income Fund in the 4th quarter valued at about $60,000. Closed End Fund Advisors Inc. purchased a new stake in shares of Clough Global Dividend and Income Fund during the 4th quarter valued at approximately $86,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Clough Global Dividend and Income Fund during the 3rd quarter valued at approximately $95,000. Fifth Third Bancorp acquired a new position in Clough Global Dividend and Income Fund in the first quarter valued at approximately $112,000. Finally, Almitas Capital LLC acquired a new position in Clough Global Dividend and Income Fund in the fourth quarter valued at approximately $115,000.

Clough Global Dividend and Income Fund Stock Down 0.3%

Shares of GLV traded down $0.02 during midday trading on Friday, reaching $6.43. The company had a trading volume of 72,252 shares, compared to its average volume of 43,627. Clough Global Dividend and Income Fund has a 1-year low of $5.55 and a 1-year high of $6.65. The firm has a 50 day simple moving average of $6.40 and a 200-day simple moving average of $6.22.

Clough Global Dividend and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Thursday, September 17th will be issued a $0.0566 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%.

About Clough Global Dividend and Income Fund

Clough Global Dividend and Income Fund (NYSEAMERICAN: GLV) is a closed-end management investment company designed to provide investors with a combination of high current income and the potential for long-term capital appreciation. The fund pursues its objectives by investing primarily in dividend-paying equity securities of companies located throughout developed and emerging markets. In addition to its global equity allocation, Clough Global Dividend and Income Fund may allocate a portion of its assets to fixed-income instruments, including high-yield corporate bonds and preferred securities, to enhance current income potential.

Established in 2016, the fund is advised by Clough Capital Partners, L.P., an investment management firm headquartered in Greenwood Village, Colorado.