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

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 140,623 shares, a growth of 30.4% from the January 29th total of 107,852 shares. Based on an average daily trading volume, of 91,183 shares, the short-interest ratio is currently 1.5 days. Based on an average daily trading volume, of 91,183 shares, the short-interest ratio is currently 1.5 days.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in JGH. Jones Financial Companies Lllp bought a new position in shares of Nuveen Global High Income Fund in the third quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new stake in shares of Nuveen Global High Income Fund in the 4th quarter valued at $30,000. Kestra Advisory Services LLC bought a new stake in Nuveen Global High Income Fund during the 4th quarter worth approximately $34,000. Newbridge Financial Services Group Inc. bought a new position in shares of Nuveen Global High Income Fund in the second quarter worth about $78,000. Finally, Comerica Bank raised its position 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 worth $96,000 after acquiring an additional 1,974 shares during the last quarter.

Nuveen Global High Income Fund Stock Performance

Shares of JGH stock remained flat at $12.76 during trading hours on Monday. 105,239 shares of the stock traded hands, compared to its average volume of 117,283. Nuveen Global High Income Fund has a twelve month low of $10.51 and a twelve month high of $13.70. The firm has a 50 day moving average price of $12.77 and a 200-day moving average price of $12.96.

Nuveen Global High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be given a dividend of $0.1035 per share. The ex-dividend date is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 9.7%.

About Nuveen Global High Income Fund

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.