Short Interest in AllianceBernstein Global High Income Fund (NYSE:AWF) Declines By 78.3%

AllianceBernstein Global High Income Fund (NYSE:AWF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 23,200 shares, a decline of 78.3% from the February 28th total of 107,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 247,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Several institutional investors have recently bought and sold shares of AWF. Invesco Ltd. raised its holdings in shares of AllianceBernstein Global High Income Fund by 6.3% during the fourth quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund’s stock valued at $9,269,000 after acquiring an additional 50,936 shares during the last quarter. Raymond James Financial Inc. acquired a new position in AllianceBernstein Global High Income Fund in the 4th quarter valued at $3,832,000. Uncommon Cents Investing LLC lifted its holdings in AllianceBernstein Global High Income Fund by 2.0% in the 4th quarter. Uncommon Cents Investing LLC now owns 308,820 shares of the closed-end fund’s stock valued at $3,314,000 after purchasing an additional 5,975 shares in the last quarter. Tidal Investments LLC lifted its holdings in AllianceBernstein Global High Income Fund by 2.3% in the 4th quarter. Tidal Investments LLC now owns 110,339 shares of the closed-end fund’s stock valued at $1,177,000 after purchasing an additional 2,478 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its stake in AllianceBernstein Global High Income Fund by 161.5% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 102,626 shares of the closed-end fund’s stock worth $1,101,000 after purchasing an additional 63,375 shares during the last quarter.

AllianceBernstein Global High Income Fund Trading Down 0.2 %

Shares of NYSE:AWF opened at $10.73 on Friday. The business’s 50 day moving average price is $10.86 and its 200-day moving average price is $10.90. AllianceBernstein Global High Income Fund has a 1 year low of $9.97 and a 1 year high of $11.36.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, April 3rd will be given a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $0.79 annualized dividend and a dividend yield of 7.33%.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.