BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) Short Interest Up 322.2% in October

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 11,400 shares, a growth of 322.2% from the September 30th total of 2,700 shares. Based on an average daily volume of 43,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. raised its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 14.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 17,383 shares of the company’s stock valued at $150,000 after purchasing an additional 2,138 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the first quarter worth $395,000. Choreo LLC acquired a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the first quarter worth $422,000. Shaker Financial Services LLC grew its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 157.5% in the second quarter. Shaker Financial Services LLC now owns 64,369 shares of the company’s stock worth $570,000 after acquiring an additional 39,376 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC grew its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 217.6% in the second quarter. Beverly Hills Private Wealth LLC now owns 90,273 shares of the company’s stock worth $799,000 after acquiring an additional 61,847 shares in the last quarter.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Up 0.2 %

NYSE DCF traded up $0.02 on Friday, reaching $9.19. The stock had a trading volume of 28,921 shares, compared to its average volume of 39,643. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a 12-month low of $7.47 and a 12-month high of $9.25. The stock has a fifty day moving average price of $9.13 and a two-hundred day moving average price of $8.87.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 24th. Shareholders of record on Wednesday, October 9th were given a $0.035 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend was Wednesday, October 9th.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Company Profile

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.