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

Nuveen Global High Income Fund (NYSE:JGH) saw a significant 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 daily volume of 49,000 shares, the short-interest ratio is presently 0.6 days.

Nuveen Global High Income Fund Stock Up 0.5 %

Shares of Nuveen Global High Income Fund stock traded up $0.07 during trading hours on Friday, hitting $13.26. The company’s stock had a trading volume of 58,604 shares, compared to its average volume of 49,001. The stock has a 50 day moving average of $13.05 and a 200 day moving average of $12.98. Nuveen Global High Income Fund has a 12 month low of $12.02 and a 12 month high of $13.41.

Nuveen Global High Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th will be given a $0.1035 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.37%. The ex-dividend date of this dividend is Wednesday, January 15th.

Hedge Funds Weigh In On Nuveen Global High Income Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Avior Wealth Management LLC grew its position in shares of Nuveen Global High Income Fund by 76.0% in the 3rd quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock valued at $30,000 after acquiring an additional 984 shares during the period. Future Financial Wealth Managment LLC acquired a new stake in Nuveen Global High Income Fund in the 3rd quarter valued at about $47,000. Kingsview Wealth Management LLC bought a new position in Nuveen Global High Income Fund during the fourth quarter worth about $128,000. International Assets Investment Management LLC increased its position in Nuveen Global High Income Fund by 1,238.0% during the third quarter. International Assets Investment Management LLC now owns 12,082 shares of the company’s stock worth $162,000 after buying an additional 11,179 shares during the last quarter. Finally, Apollon Wealth Management LLC bought a new stake in Nuveen Global High Income Fund in the fourth quarter valued at approximately $167,000.

About Nuveen Global High Income Fund

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.