AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 65,000 shares, a growth of 170.8% from the March 31st total of 24,000 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 248,200 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of AllianceBernstein Global High Income Fund
A number of institutional investors and hedge funds have recently modified their holdings of AWF. Dynamic Advisor Solutions LLC bought a new position in AllianceBernstein Global High Income Fund in the 4th quarter worth $107,000. Park Avenue Securities LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter worth about $116,000. Elm3 Financial Group LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter worth about $127,000. US Bancorp DE lifted its position in shares of AllianceBernstein Global High Income Fund by 12.6% during the 4th quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock worth $134,000 after purchasing an additional 1,400 shares during the last quarter. Finally, King Wealth Management Group bought a new stake in AllianceBernstein Global High Income Fund during the 4th quarter valued at approximately $161,000.
AllianceBernstein Global High Income Fund Stock Performance
Shares of AWF traded up $0.02 during trading hours on Friday, hitting $10.61. 142,139 shares of the company were exchanged, compared to its average volume of 223,507. The firm's 50 day moving average is $10.52 and its 200-day moving average is $10.74. AllianceBernstein Global High Income Fund has a 52 week low of $9.30 and a 52 week 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, May 16th. Shareholders of record on Thursday, May 1st will be issued a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.79 annualized dividend and a yield of 7.41%.
About AllianceBernstein Global High Income Fund
(
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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.
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