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

Nuveen Global High Income Fund (NYSE:JGH) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 113,268 shares, a decrease of 36.8% from the July 15th total of 179,289 shares. Based on an average daily volume of 125,991 shares, the days-to-cover ratio is currently 0.9 days.

Nuveen Global High Income Fund Stock Performance

Shares of JGH stock traded down $0.06 on Tuesday, hitting $12.46. The company had a trading volume of 57,835 shares, compared to its average volume of 93,996. Nuveen Global High Income Fund has a twelve month low of $11.80 and a twelve month high of $13.70. The company has a 50-day moving average price of $12.62 and a 200-day moving average price of $12.63.

Nuveen Global High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.1035 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 10.0%.

Institutional Investors Weigh In On Nuveen Global High Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Comerica Bank lifted its stake in shares of Nuveen Global High Income Fund by 11.2% in the 4th quarter. Comerica Bank now owns 7,938 shares of the company’s stock valued at $100,000 after purchasing an additional 801 shares during the period. Osaic Holdings Inc. grew its position in Nuveen Global High Income Fund by 4.4% during the second quarter. Osaic Holdings Inc. now owns 33,131 shares of the company’s stock valued at $428,000 after buying an additional 1,388 shares during the period. Clarion Wealth Managment Partners LLC increased its holdings in Nuveen Global High Income Fund by 11.1% in the fourth quarter. Clarion Wealth Managment Partners LLC now owns 14,871 shares of the company’s stock valued at $188,000 after buying an additional 1,483 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Nuveen Global High Income Fund in the fourth quarter worth about $30,000. Finally, Gould Asset Management LLC CA raised its position in shares of Nuveen Global High Income Fund by 11.2% in the first quarter. Gould Asset Management LLC CA now owns 24,621 shares of the company’s stock worth $301,000 after acquiring an additional 2,480 shares during the period.

Nuveen Global High Income Fund Company Profile

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.