Nuveen Global High Income Fund (NYSE:JGH) Short Interest Update

Nuveen Global High Income Fund (NYSE:JGH) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 31,200 shares, an increase of 108.0% from the December 31st total of 15,000 shares. Based on an average trading volume of 49,000 shares, the days-to-cover ratio is presently 0.6 days.

Nuveen Global High Income Fund Stock Up 0.6 %

Nuveen Global High Income Fund stock traded up $0.08 during trading hours on Friday, hitting $13.27. 73,821 shares of the stock traded hands, compared to its average volume of 49,891. The firm’s 50 day moving average price is $13.05 and its 200-day moving average price is $12.98. Nuveen Global High Income Fund has a 1 year low of $12.02 and a 1 year high of $13.41.

Nuveen Global High Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a $0.1035 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.24 dividend on an annualized basis and a yield of 9.36%.

Hedge Funds Weigh In On Nuveen Global High Income Fund

Institutional investors have recently bought and sold shares of the business. Pathstone Holdings LLC lifted its holdings in shares of Nuveen Global High Income Fund by 70.1% in the 3rd quarter. Pathstone Holdings LLC now owns 248,413 shares of the company’s stock valued at $3,324,000 after buying an additional 102,391 shares during the period. Wolverine Asset Management LLC acquired a new position in Nuveen Global High Income Fund in the third quarter valued at approximately $661,000. Sanctuary Advisors LLC purchased a new stake in Nuveen Global High Income Fund in the 2nd quarter worth approximately $313,000. Shaker Financial Services LLC grew its stake in shares of Nuveen Global High Income Fund by 28.6% during the 3rd quarter. Shaker Financial Services LLC now owns 83,975 shares of the company’s stock worth $1,132,000 after purchasing an additional 18,653 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of Nuveen Global High Income Fund during the 3rd quarter valued at approximately $249,000.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.