Nuveen Global High Income Fund (NYSE:JGH) Short Interest Down 32.1% in February

Nuveen Global High Income Fund (NYSE:JGH) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 46,400 shares, a decrease of 32.1% from the February 13th total of 68,300 shares. Based on an average daily volume of 50,800 shares, the short-interest ratio is presently 0.9 days.

Nuveen Global High Income Fund Stock Up 0.5 %

JGH traded up $0.06 during trading on Monday, hitting $12.86. The company’s stock had a trading volume of 20,440 shares, compared to its average volume of 45,231. Nuveen Global High Income Fund has a one year low of $12.02 and a one year high of $13.48. The business’s 50 day simple moving average is $13.16 and its 200-day simple moving average is $13.09.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a $0.1035 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.24 annualized dividend and a yield of 9.66%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Avior Wealth Management LLC raised its position in Nuveen Global High Income Fund by 76.0% in the third quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock worth $30,000 after acquiring an additional 984 shares during the period. Kingsview Wealth Management LLC purchased a new stake in shares of Nuveen Global High Income Fund in the fourth quarter worth $128,000. Ameriprise Financial Inc. purchased a new stake in shares of Nuveen Global High Income Fund in the fourth quarter worth $164,000. Apollon Wealth Management LLC purchased a new stake in shares of Nuveen Global High Income Fund in the fourth quarter worth $167,000. Finally, Calamos Advisors LLC increased its stake in shares of Nuveen Global High Income Fund by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 14,194 shares of the company’s stock worth $182,000 after purchasing an additional 2,730 shares in the last quarter.

Nuveen Global High Income Fund Company Profile

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.