AllianceBernstein Global High Income Fund (NYSE:AWF) Short Interest Update

AllianceBernstein Global High Income Fund (NYSE:AWF) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 127,800 shares, an increase of 249.2% from the November 15th total of 36,600 shares. Based on an average daily volume of 212,100 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of AllianceBernstein Global High Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. FSA Wealth Management LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 3rd quarter worth approximately $30,000. Cetera Advisors LLC purchased a new stake in AllianceBernstein Global High Income Fund during the first quarter valued at about $108,000. US Bancorp DE grew its stake in shares of AllianceBernstein Global High Income Fund by 9.9% during the third quarter. US Bancorp DE now owns 11,127 shares of the closed-end fund’s stock valued at $126,000 after buying an additional 1,000 shares during the last quarter. Integris Wealth Management LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the third quarter worth about $136,000. Finally, Forum Financial Management LP bought a new stake in shares of AllianceBernstein Global High Income Fund in the 3rd quarter valued at about $137,000.

AllianceBernstein Global High Income Fund Stock Performance

Shares of AWF remained flat at $10.83 during trading hours on Friday. The stock had a trading volume of 142,855 shares, compared to its average volume of 204,164. AllianceBernstein Global High Income Fund has a one year low of $9.96 and a one year high of $11.36. The stock has a 50 day moving average price of $10.95 and a 200-day moving average price of $10.85.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, December 19th will be issued a $0.0156 dividend. The ex-dividend date of this dividend is Thursday, December 19th. This represents a $0.19 annualized dividend and a dividend yield of 1.73%.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.