Short Interest in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Decreases By 55.9%

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the target of a large decline in short interest in January. As of January 15th, there was short interest totaling 15,745 shares, a decline of 55.9% from the December 31st total of 35,708 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 310,467 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 310,467 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of AllianceBernstein Global High Income Fund

Hedge funds have recently made changes to their positions in the company. Gridiron Partners LLC acquired a new stake in AllianceBernstein Global High Income Fund during the 3rd quarter valued at $463,000. Hennion & Walsh Asset Management Inc. boosted its position in AllianceBernstein Global High Income Fund by 375.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 135,955 shares of the closed-end fund’s stock valued at $1,453,000 after buying an additional 107,383 shares during the last quarter. Investment Research Partners LLC purchased a new position in AllianceBernstein Global High Income Fund in the 3rd quarter valued at about $1,144,000. Raymond James Financial Inc. increased its holdings in AllianceBernstein Global High Income Fund by 21.6% during the 3rd quarter. Raymond James Financial Inc. now owns 559,050 shares of the closed-end fund’s stock worth $6,267,000 after purchasing an additional 99,303 shares during the last quarter. Finally, Shaker Financial Services LLC increased its stake in shares of AllianceBernstein Global High Income Fund by 62.9% in the fourth quarter. Shaker Financial Services LLC now owns 214,193 shares of the closed-end fund’s stock worth $2,304,000 after buying an additional 82,709 shares during the last quarter.

AllianceBernstein Global High Income Fund Stock Up 0.0%

NYSE AWF traded up $0.01 during trading hours on Thursday, hitting $10.66. The company had a trading volume of 380,682 shares, compared to its average volume of 327,815. The firm’s 50 day moving average is $10.69 and its 200 day moving average is $10.95. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.30 and a fifty-two week high of $11.43.

AllianceBernstein Global High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 20th. Investors of record on Thursday, February 5th will be given a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a c) annualized dividend and a yield of 7.4%.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.