Short Interest in Nuveen Global High Income Fund (NYSE:JGH) Decreases By 88.4%

Nuveen Global High Income Fund (NYSE:JGH) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 7,527 shares, a decline of 88.4% from the December 15th total of 64,972 shares. Based on an average daily volume of 119,473 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 119,473 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Nuveen Global High Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in JGH. Jones Financial Companies Lllp bought a new stake in shares of Nuveen Global High Income Fund in the 3rd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. bought a new position in Nuveen Global High Income Fund during the 2nd quarter valued at approximately $78,000. Comerica Bank raised its stake in Nuveen Global High Income Fund by 38.2% during the third quarter. Comerica Bank now owns 7,137 shares of the company’s stock valued at $96,000 after buying an additional 1,974 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Nuveen Global High Income Fund in the second quarter worth $105,000. Finally, Tyche Wealth Partners LLC purchased a new stake in shares of Nuveen Global High Income Fund in the second quarter worth $143,000.

Nuveen Global High Income Fund Stock Performance

Nuveen Global High Income Fund stock traded up $0.09 on Monday, hitting $12.86. 146,799 shares of the stock traded hands, compared to its average volume of 126,271. Nuveen Global High Income Fund has a 1 year low of $10.51 and a 1 year high of $13.70. The business’s fifty day simple moving average is $12.58 and its 200 day simple moving average is $13.03.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be paid a dividend of $0.1035 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) annualized dividend and a yield of 9.7%.

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.