AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Shares Shorted: Short Interest Down 84.8% in October

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 24,441 shares, a decline of 84.8% from the October 15th total of 160,699 shares. Based on an average trading volume of 438,838 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

AllianceBernstein Global High Income Fund Stock Performance

NYSE AWF traded down $0.09 during trading hours on Thursday, hitting $9.54. The company had a trading volume of 724,733 shares, compared to its average volume of 360,634. The business has a 50 day moving average of $9.72 and a 200-day moving average of $10.13. AllianceBernstein Global High Income Fund has a 1-year low of $9.41 and a 1-year high of $10.87.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 20th. Stockholders of record on Thursday, November 5th will be issued a $0.0655 dividend. This represents a $0.79 annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, November 5th.

Institutional Trading of AllianceBernstein Global High Income Fund

A number of large investors have recently made changes to their positions in the company. FCA Corp TX increased its position in AllianceBernstein Global High Income Fund by 73.7% during the third quarter. FCA Corp TX now owns 154,119 shares of the closed-end fund’s stock worth $1,500,000 after buying an additional 65,372 shares during the period. HighTower Advisors LLC boosted its holdings in shares of AllianceBernstein Global High Income Fund by 3.9% in the third quarter. HighTower Advisors LLC now owns 41,821 shares of the closed-end fund’s stock valued at $407,000 after acquiring an additional 1,589 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund in the third quarter valued at approximately $1,629,000. Uhlmann Price Securities LLC grew its position in shares of AllianceBernstein Global High Income Fund by 6.0% during the third quarter. Uhlmann Price Securities LLC now owns 69,410 shares of the closed-end fund’s stock worth $675,000 after acquiring an additional 3,931 shares during the last quarter. Finally, StoneX Group Inc. purchased a new position in shares of AllianceBernstein Global High Income Fund during the third quarter worth approximately $173,000.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a closed-end investment fund that seeks to provide high current income, with capital appreciation as a secondary objective. It invests primarily in debt securities issued by companies and governments around the world. The fund’s portfolio may include below-investment-grade corporate bonds and sovereign debt, including securities from emerging markets. Its global approach gives investors exposure to income-producing fixed-income markets across multiple regions.