The New America High Income Fund Inc. (NYSE:HYB – Get Free Report) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 12,900 shares, an increase of 63.3% from the July 15th total of 7,900 shares. Based on an average daily volume of 55,100 shares, the short-interest ratio is presently 0.2 days.
The New America High Income Fund Trading Down 0.1 %
NYSE HYB traded down $0.01 on Friday, hitting $8.06. The company’s stock had a trading volume of 43,809 shares, compared to its average volume of 53,309. The company’s 50-day moving average is $7.44 and its 200 day moving average is $7.29. The New America High Income Fund has a 1-year low of $6.23 and a 1-year high of $8.11.
The New America High Income Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 5.96%. The ex-dividend date is Friday, August 16th.
Institutional Investors Weigh In On The New America High Income Fund
The New America High Income Fund Company Profile
The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.
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