AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Short Interest Up 211.2% in January

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 48,998 shares, an increase of 211.2% from the January 15th total of 15,745 shares. Based on an average daily trading volume, of 338,663 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 338,663 shares, the short-interest ratio is presently 0.1 days.

AllianceBernstein Global High Income Fund Price Performance

Shares of NYSE AWF opened at $10.65 on Friday. The business’s 50-day simple moving average is $10.66 and its 200-day simple moving average is $10.92. AllianceBernstein Global High Income Fund has a 52 week low of $9.30 and a 52 week high of $11.43.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 20th. Shareholders of record on Thursday, February 5th will be issued a dividend of $0.0655 per share. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, February 5th.

Institutional Trading of AllianceBernstein Global High Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of AWF. Newbridge Financial Services Group Inc. acquired a new position in AllianceBernstein Global High Income Fund in the 2nd quarter valued at $32,000. Ameritas Advisory Services LLC bought a new stake in AllianceBernstein Global High Income Fund during the second quarter valued at about $33,000. Allworth Financial LP acquired a new stake in shares of AllianceBernstein Global High Income Fund in the second quarter valued at about $44,000. CWM LLC grew its position in shares of AllianceBernstein Global High Income Fund by 64.3% in the fourth quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock valued at $47,000 after purchasing an additional 1,733 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the third quarter worth about $47,000.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.