Nuveen Global High Income Fund (NYSE:JGH) Sees Large Decrease in Short Interest

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 46,400 shares, a decrease of 32.1% from the February 13th total of 68,300 shares. Based on an average daily volume of 50,800 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On Nuveen Global High Income Fund

Large investors have recently modified their holdings of the company. Avior Wealth Management LLC boosted its position in shares of Nuveen Global High Income Fund by 76.0% during the 3rd quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock worth $30,000 after purchasing an additional 984 shares in the last quarter. Calamos Advisors LLC grew its stake in Nuveen Global High Income Fund by 23.8% in the 4th quarter. Calamos Advisors LLC now owns 14,194 shares of the company’s stock valued at $182,000 after buying an additional 2,730 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Nuveen Global High Income Fund by 2.4% in the fourth quarter. LPL Financial LLC now owns 303,000 shares of the company’s stock worth $3,891,000 after buying an additional 7,166 shares in the last quarter. RVW Wealth LLC grew its position in Nuveen Global High Income Fund by 23.4% during the fourth quarter. RVW Wealth LLC now owns 39,379 shares of the company’s stock worth $506,000 after buying an additional 7,479 shares in the last quarter. Finally, IHT Wealth Management LLC increased its holdings in shares of Nuveen Global High Income Fund by 82.6% in the 3rd quarter. IHT Wealth Management LLC now owns 19,352 shares of the company’s stock worth $259,000 after buying an additional 8,752 shares during the last quarter.

Nuveen Global High Income Fund Stock Down 0.5 %

Shares of NYSE JGH traded down $0.07 during mid-day trading on Friday, reaching $12.80. The company had a trading volume of 33,219 shares, compared to its average volume of 45,331. Nuveen Global High Income Fund has a one year low of $12.02 and a one year high of $13.48. The business’s 50-day simple moving average is $13.16 and its 200 day simple moving average is $13.09.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.1035 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.70%.

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.