AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Shares Shorted: Short Interest Down 84.8% in October

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the recipient of a large decline in short interest in October. As of October 30th, there was short interest totaling 24,441 shares, a decline of 84.8% from the October 15th total of 160,699 shares. Based on an average daily trading volume, of 438,838 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

AllianceBernstein Global High Income Fund Trading Down 1.1%

Shares of NYSE:AWF opened at $9.63 on Wednesday. The stock has a 50 day moving average of $9.73 and a 200 day moving average of $10.14. AllianceBernstein Global High Income Fund has a 12-month low of $9.41 and a 12-month high of $10.88.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 20th. Shareholders of record on Thursday, November 5th will be given a $0.0655 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Thursday, November 5th.

Institutional Trading of AllianceBernstein Global High Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of AWF. Bank of America Corp DE bought a new position in AllianceBernstein Global High Income Fund in the 2nd quarter worth $6,094,000. Landscape Capital Management L.L.C. bought a new stake in AllianceBernstein Global High Income Fund during the second quarter valued at about $2,400,000. Independent Financial Group LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the first quarter valued at about $1,943,000. Maridea Wealth Management LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the second quarter worth about $633,000. Finally, Anchor Capital Management Group Inc bought a new position in shares of AllianceBernstein Global High Income Fund in the first quarter worth about $814,000.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a closed-end investment fund that seeks to provide high current income, with capital appreciation as a secondary objective. It invests primarily in debt securities issued by companies and governments around the world. The fund’s portfolio may include below-investment-grade corporate bonds and sovereign debt, including securities from emerging markets. Its global approach gives investors exposure to income-producing fixed-income markets across multiple regions.