AllianceBernstein Global High Income Fund (NYSE:AWF) Short Interest Update

AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 65,000 shares, an increase of 170.8% from the March 31st total of 24,000 shares. Based on an average daily trading volume, of 248,200 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Huntleigh Advisors Inc. bought a new position in shares of AllianceBernstein Global High Income Fund during the 1st quarter worth approximately $13,519,000. Invesco Ltd. raised its holdings in shares of AllianceBernstein Global High Income Fund by 6.3% during the 4th quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund's stock worth $9,269,000 after buying an additional 50,936 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of AllianceBernstein Global High Income Fund during the 4th quarter worth $3,832,000. Uncommon Cents Investing LLC grew its position in AllianceBernstein Global High Income Fund by 0.6% during the 1st quarter. Uncommon Cents Investing LLC now owns 310,775 shares of the closed-end fund's stock worth $3,335,000 after acquiring an additional 1,955 shares during the last quarter. Finally, Tidal Investments LLC grew its position in AllianceBernstein Global High Income Fund by 2.3% during the 4th quarter. Tidal Investments LLC now owns 110,339 shares of the closed-end fund's stock worth $1,177,000 after acquiring an additional 2,478 shares during the last quarter.

AllianceBernstein Global High Income Fund Stock Up 0.2 %

NYSE AWF traded up $0.02 during trading hours on Wednesday, reaching $10.62. 153,661 shares of the company's stock were exchanged, compared to its average volume of 223,495. The firm has a fifty day moving average of $10.55 and a 200-day moving average of $10.75. AllianceBernstein Global High Income Fund has a one year low of $9.30 and a one year high of $11.36.

AllianceBernstein Global High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, May 1st will be paid a $0.0655 dividend. This represents a $0.79 annualized dividend and a dividend yield of 7.40%. The ex-dividend date is Thursday, May 1st.

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.