Short Interest in Nuveen Global High Income Fund (NYSE:JGH) Increases By 187.0%

Nuveen Global High Income Fund (NYSE:JGH) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 21,599 shares, a growth of 187.0% from the December 31st total of 7,527 shares. Based on an average daily trading volume, of 141,593 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 141,593 shares, the short-interest ratio is presently 0.2 days.

Nuveen Global High Income Fund Price Performance

NYSE JGH opened at $12.86 on Thursday. The stock’s fifty day moving average price is $12.60 and its 200 day moving average price is $13.01. Nuveen Global High Income Fund has a 1 year low of $10.51 and a 1 year high of $13.70.

Nuveen Global High Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be issued a $0.1035 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%.

Institutional Investors Weigh In On Nuveen Global High Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Apollon Wealth Management LLC increased its holdings in Nuveen Global High Income Fund by 6.1% in the 2nd quarter. Apollon Wealth Management LLC now owns 13,804 shares of the company’s stock worth $178,000 after buying an additional 790 shares during the period. Gould Asset Management LLC CA increased its stake in shares of Nuveen Global High Income Fund by 4.4% in the third quarter. Gould Asset Management LLC CA now owns 22,141 shares of the company’s stock worth $299,000 after acquiring an additional 940 shares during the period. Osaic Holdings Inc. increased its stake in shares of Nuveen Global High Income Fund by 4.4% in the second quarter. Osaic Holdings Inc. now owns 33,131 shares of the company’s stock worth $428,000 after acquiring an additional 1,388 shares during the period. Independent Wealth Network Inc. raised its holdings in shares of Nuveen Global High Income Fund by 6.8% during the fourth quarter. Independent Wealth Network Inc. now owns 22,596 shares of the company’s stock worth $285,000 after purchasing an additional 1,438 shares during the last quarter. Finally, Jones Financial Companies Lllp acquired a new position in Nuveen Global High Income Fund during the third quarter valued at $25,000.

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.