Nuveen Global High Income Fund (NYSE:JGH) Short Interest Up 30.4% in February

Nuveen Global High Income Fund (NYSE:JGH) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 140,623 shares, an increase of 30.4% from the January 29th total of 107,852 shares. Based on an average trading volume of 91,183 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 91,183 shares, the short-interest ratio is presently 1.5 days.

Nuveen Global High Income Fund Stock Up 0.5%

Shares of JGH stock traded up $0.06 during trading hours on Wednesday, hitting $12.79. The company’s stock had a trading volume of 122,771 shares, compared to its average volume of 116,578. The business has a fifty day moving average of $12.78 and a 200-day moving average of $12.95. Nuveen Global High Income Fund has a twelve month low of $10.51 and a twelve month high of $13.70.

Nuveen Global High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a dividend of $0.1035 per share. This represents a c) dividend on an annualized basis and a yield of 9.7%. The ex-dividend date was Friday, February 13th.

Hedge Funds Weigh In On Nuveen Global High Income Fund

Institutional investors have recently made changes to their positions in the stock. McGowan Group Asset Management Inc. boosted its stake in shares of Nuveen Global High Income Fund by 1.2% during the second quarter. McGowan Group Asset Management Inc. now owns 3,752,362 shares of the company’s stock valued at $48,518,000 after acquiring an additional 45,641 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in Nuveen Global High Income Fund by 4,079.2% in the 4th quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock valued at $36,616,000 after purchasing an additional 2,834,217 shares in the last quarter. Yakira Capital Management Inc. purchased a new position in Nuveen Global High Income Fund in the 4th quarter valued at about $9,004,000. Invesco Ltd. boosted its stake in shares of Nuveen Global High Income Fund by 13.9% during the 4th quarter. Invesco Ltd. now owns 570,793 shares of the company’s stock worth $7,198,000 after purchasing an additional 69,793 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Nuveen Global High Income Fund by 13.3% during the fourth quarter. LPL Financial LLC now owns 398,267 shares of the company’s stock worth $5,022,000 after buying an additional 46,762 shares in the last quarter.

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.