Nuveen Global High Income Fund (NYSE:JGH) Short Interest Down 34.4% in December

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 28,800 shares, a decrease of 34.4% from the November 30th total of 43,900 shares. Based on an average trading volume of 51,300 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Nuveen Global High Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Landscape Capital Management L.L.C. purchased a new stake in shares of Nuveen Global High Income Fund in the 3rd quarter worth approximately $249,000. Avior Wealth Management LLC grew its stake in shares of Nuveen Global High Income Fund by 76.0% in the third quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock worth $30,000 after acquiring an additional 984 shares during the last quarter. Pathstone Holdings LLC increased its holdings in shares of Nuveen Global High Income Fund by 70.1% during the third quarter. Pathstone Holdings LLC now owns 248,413 shares of the company’s stock valued at $3,324,000 after acquiring an additional 102,391 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in shares of Nuveen Global High Income Fund in the 3rd quarter worth about $661,000. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new position in Nuveen Global High Income Fund in the 3rd quarter worth about $214,000.

Nuveen Global High Income Fund Stock Performance

JGH opened at $12.76 on Monday. Nuveen Global High Income Fund has a 52 week low of $11.88 and a 52 week high of $13.41. The business has a 50 day moving average of $13.03 and a 200-day moving average of $12.95.

Nuveen Global High Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.1035 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date is Friday, December 13th.

Nuveen Global High Income Fund Company Profile

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.