Nuveen Global High Income Fund (NYSE:JGH) Short Interest Update

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 68,300 shares, an increase of 68.6% from the January 31st total of 40,500 shares. Based on an average trading volume of 48,700 shares, the short-interest ratio is currently 1.4 days.

Nuveen Global High Income Fund Price Performance

NYSE JGH traded down $0.09 during midday trading on Tuesday, hitting $13.30. The company had a trading volume of 34,652 shares, compared to its average volume of 45,092. The firm has a 50-day moving average price of $13.13 and a 200-day moving average price of $13.08. Nuveen Global High Income Fund has a twelve month low of $12.02 and a twelve month high of $13.48.

Nuveen Global High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 3rd. Investors of record on Friday, February 14th were given a dividend of $0.1035 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.24 annualized dividend and a yield of 9.34%.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of large investors have recently bought and sold shares of the company. Avior Wealth Management LLC lifted its holdings in shares of Nuveen Global High Income Fund by 76.0% during the 3rd 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 acquired a new position in Nuveen Global High Income Fund during the fourth quarter valued at approximately $128,000. International Assets Investment Management LLC lifted its stake in Nuveen Global High Income Fund by 1,238.0% during the third quarter. International Assets Investment Management LLC now owns 12,082 shares of the company’s stock worth $162,000 after purchasing an additional 11,179 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of Nuveen Global High Income Fund in the 4th quarter valued at $164,000. Finally, Apollon Wealth Management LLC bought a new position in shares of Nuveen Global High Income Fund in the 4th quarter valued at $167,000.

About Nuveen Global High Income Fund

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.