AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Short Interest Down 25.9% in December

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 35,708 shares, a decrease of 25.9% from the December 15th total of 48,197 shares. Based on an average daily volume of 259,222 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 259,222 shares, the short-interest ratio is currently 0.1 days.

AllianceBernstein Global High Income Fund Price Performance

Shares of NYSE AWF traded down $0.06 on Friday, hitting $10.54. The company had a trading volume of 686,088 shares, compared to its average volume of 256,797. AllianceBernstein Global High Income Fund has a 12-month low of $9.30 and a 12-month high of $11.43. The business has a 50 day moving average of $10.71 and a two-hundred day moving average of $10.98.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, January 16th. Shareholders of record on Thursday, January 8th were issued a $0.0488 dividend. This represents a yield of 188.0%. The ex-dividend date was Thursday, January 8th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new stake in AllianceBernstein Global High Income Fund during the 2nd quarter valued at $32,000. Ameritas Advisory Services LLC purchased a new position in AllianceBernstein Global High Income Fund in the 2nd quarter valued at about $33,000. Allworth Financial LP purchased a new position in AllianceBernstein Global High Income Fund in the 2nd quarter valued at about $44,000. Advisory Services Network LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund during the third quarter valued at about $47,000. Finally, Strategic Advocates LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the third quarter worth about $59,000.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.