AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Short Interest Update

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 54,792 shares, an increase of 42.6% from the February 26th total of 38,425 shares. Based on an average daily trading volume, of 421,277 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

A number of large investors have recently bought and sold shares of AWF. Investment Research Partners LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the third quarter worth approximately $1,144,000. Gridiron Partners LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the third quarter worth $463,000. Invested Advisors bought a new stake in AllianceBernstein Global High Income Fund during the 3rd quarter valued at $576,000. Calamos Advisors LLC raised its holdings in AllianceBernstein Global High Income Fund by 21.7% during the 3rd quarter. Calamos Advisors LLC now owns 18,785 shares of the closed-end fund’s stock valued at $211,000 after buying an additional 3,355 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in AllianceBernstein Global High Income Fund by 1.8% during the 2nd quarter. Osaic Holdings Inc. now owns 104,567 shares of the closed-end fund’s stock valued at $1,153,000 after buying an additional 1,885 shares during the period.

AllianceBernstein Global High Income Fund Stock Down 0.5%

Shares of NYSE:AWF traded down $0.05 on Monday, reaching $9.89. 450,259 shares of the company traded hands, compared to its average volume of 345,199. The business’s 50-day simple moving average is $10.43 and its 200 day simple moving average is $10.73. 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 Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, April 17th. Investors of record on Thursday, April 2nd will be given a dividend of $0.0655 per share. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Thursday, April 2nd.

About AllianceBernstein Global High Income Fund

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.