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

by · The Cerbat Gem

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

Hedge Funds Weigh In On Nuveen Global High Income Fund

A number of hedge funds have recently added to or reduced their stakes in JGH. Ameriprise Financial Inc. bought a new stake in shares of Nuveen Global High Income Fund during the 4th quarter valued at $164,000. Shaker Financial Services LLC lifted its position in Nuveen Global High Income Fund by 93.5% during the fourth quarter. Shaker Financial Services LLC now owns 162,483 shares of the company’s stock worth $2,086,000 after purchasing an additional 78,508 shares during the period. Raymond James Financial Inc. acquired a new stake in Nuveen Global High Income Fund during the fourth quarter worth about $2,001,000. Invesco Ltd. grew its stake in Nuveen Global High Income Fund by 4.5% during the fourth quarter. Invesco Ltd. now owns 382,925 shares of the company’s stock worth $4,917,000 after buying an additional 16,353 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Nuveen Global High Income Fund by 2.4% in the 4th quarter. LPL Financial LLC now owns 303,000 shares of the company’s stock valued at $3,891,000 after buying an additional 7,166 shares during the period.

Nuveen Global High Income Fund Stock Performance

Shares of NYSE:JGH traded down $0.01 on Monday, reaching $13.37. 42,948 shares of the company’s stock were exchanged, compared to its average volume of 45,354. Nuveen Global High Income Fund has a twelve month low of $12.02 and a twelve month high of $13.48. The company has a fifty day moving average of $13.13 and a 200-day moving average of $13.08.

Nuveen Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be given a dividend of $0.1035 per share. This represents a $1.24 dividend on an annualized basis and a yield of 9.29%. The ex-dividend date is Friday, February 14th.

Nuveen Global High Income Fund Company Profile

(Get Free Report)

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.

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