Nuveen Global High Income Fund (NYSE:JGH) Short Interest Up 119.7% in May

Nuveen Global High Income Fund (NYSE:JGH) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 110,876 shares, an increase of 119.7% from the May 14th total of 50,478 shares. Based on an average daily trading volume, of 114,962 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Jones Financial Companies Lllp bought a new position in shares of Nuveen Global High Income Fund in the 3rd quarter worth about $25,000. International Assets Investment Management LLC acquired a new position in shares of Nuveen Global High Income Fund during the fourth quarter valued at $30,000. Kestra Advisory Services LLC acquired a new position in shares of Nuveen Global High Income Fund during the fourth quarter valued at $34,000. Comerica Bank boosted its holdings in shares of Nuveen Global High Income Fund by 38.2% during the third quarter. Comerica Bank now owns 7,137 shares of the company’s stock valued at $96,000 after acquiring an additional 1,974 shares during the period. Finally, Fifth Third Bancorp acquired a new position in shares of Nuveen Global High Income Fund during the first quarter valued at $99,000.

Nuveen Global High Income Fund Trading Up 0.5%

Shares of Nuveen Global High Income Fund stock traded up $0.07 during trading hours on Friday, reaching $12.92. The company’s stock had a trading volume of 60,713 shares, compared to its average volume of 93,280. The company’s 50 day simple moving average is $12.67 and its 200 day simple moving average is $12.64. Nuveen Global High Income Fund has a one year low of $11.80 and a one year high of $13.70.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a $0.1035 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date is Monday, June 15th.

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.