Nuveen Global High Income Fund (NYSE:JGH) Short Interest Update

Nuveen Global High Income Fund (NYSE:JGH) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 107,852 shares, an increase of 399.3% from the January 15th total of 21,599 shares. Based on an average trading volume of 137,747 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 137,747 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Nuveen Global High Income Fund

A number of hedge funds have recently bought and sold shares of JGH. Jones Financial Companies Lllp bought a new position in shares of Nuveen Global High Income Fund in the 3rd quarter worth approximately $25,000. International Assets Investment Management LLC purchased a new stake in Nuveen Global High Income Fund during the fourth quarter valued at $30,000. Newbridge Financial Services Group Inc. purchased a new stake in Nuveen Global High Income Fund during the second quarter valued at approximately $78,000. Comerica Bank raised its holdings in Nuveen Global High Income Fund by 38.2% in the 3rd quarter. Comerica Bank now owns 7,137 shares of the company’s stock worth $96,000 after purchasing an additional 1,974 shares during the period. Finally, Closed End Fund Advisors Inc. bought a new position in shares of Nuveen Global High Income Fund during the 4th quarter valued at approximately $148,000.

Nuveen Global High Income Fund Stock Down 0.7%

Shares of JGH traded down $0.09 during midday trading on Friday, reaching $12.83. 57,812 shares of the stock were exchanged, compared to its average volume of 121,491. Nuveen Global High Income Fund has a 12-month low of $10.51 and a 12-month high of $13.70. The firm has a 50 day simple moving average of $12.70 and a 200-day simple moving average of $13.00.

Nuveen Global High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 13th will be issued a $0.1035 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 9.7%.

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.