Nuveen Global High Income Fund (NYSE:JGH) Short Interest Down 34.9% in August

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 73,786 shares, a decline of 34.9% from the July 30th total of 113,268 shares. Based on an average daily trading volume, of 57,600 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of Nuveen Global High Income Fund

A number of institutional investors have recently made changes to their positions in JGH. Sit Investment Associates Inc. grew its holdings in shares of Nuveen Global High Income Fund by 4,079.2% in the fourth quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock worth $36,616,000 after purchasing an additional 2,834,217 shares during the last quarter. Yakira Capital Management Inc. bought a new stake in Nuveen Global High Income Fund during the 4th quarter valued at $9,004,000. Invesco Ltd. raised its holdings in Nuveen Global High Income Fund by 13.9% during the 4th quarter. Invesco Ltd. now owns 570,793 shares of the company’s stock valued at $7,198,000 after buying an additional 69,793 shares during the last quarter. LPL Financial LLC boosted its position in Nuveen Global High Income Fund by 13.3% during the 4th quarter. LPL Financial LLC now owns 398,267 shares of the company’s stock valued at $5,022,000 after buying an additional 46,762 shares during the period. Finally, Raymond James Financial Inc. boosted its position in Nuveen Global High Income Fund by 8.7% during the 2nd quarter. Raymond James Financial Inc. now owns 170,447 shares of the company’s stock valued at $2,204,000 after buying an additional 13,595 shares during the period.

Nuveen Global High Income Fund Trading Down 0.2%

JGH stock traded down $0.03 during trading on Tuesday, hitting $12.39. 53,100 shares of the company traded hands, compared to its average volume of 91,701. Nuveen Global High Income Fund has a 1 year low of $11.80 and a 1 year high of $13.70. The company has a 50-day moving average of $12.54 and a 200-day moving average of $12.60.

Nuveen Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a $0.1035 dividend. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date of this dividend is Friday, August 14th.

About Nuveen Global High Income Fund

Nuveen Global High Income Fund (NYSE: JGH) is a closed-end investment company that seeks to provide high current income by investing primarily in high-yield debt securities issued by non-U.S. corporations. Established in 2007 and managed by Nuveen Asset Management, the fund offers investors exposure to global credit markets with a focus on higher-yielding instruments. The fund’s strategy aims to balance income generation with diversification across various sectors and geographies outside of the United States.

The fund’s portfolio typically includes a mix of high-yield corporate bonds, bank loans and, from time to time, convertible securities.