AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Short Interest Update

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 131,111 shares, an increase of 28.0% from the March 31st total of 102,441 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 323,524 shares, the days-to-cover ratio is presently 0.4 days.

AllianceBernstein Global High Income Fund Stock Down 2.5%

Shares of AllianceBernstein Global High Income Fund stock traded down $0.27 during trading hours on Friday, reaching $10.26. 2,148,982 shares of the company were exchanged, compared to its average volume of 350,608. AllianceBernstein Global High Income Fund has a 1 year low of $9.85 and a 1 year high of $11.43. The stock’s fifty day moving average is $10.30 and its 200 day moving average is $10.59.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, May 7th will be given a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, May 7th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Insider Transactions at AllianceBernstein Global High Income Fund

In other AllianceBernstein Global High Income Fund news, VP Gershon M. Distenfeld sold 5,462 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $10.57, for a total value of $57,733.34. Following the sale, the vice president owned 14,801 shares of the company’s stock, valued at $156,446.57. The trade was a 26.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is currently owned by insiders.

Institutional Trading of AllianceBernstein Global High Income Fund

Large investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. boosted its stake in AllianceBernstein Global High Income Fund by 2.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 43,743 shares of the closed-end fund’s stock valued at $490,000 after acquiring an additional 1,016 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in AllianceBernstein Global High Income Fund by 3.2% in the fourth quarter. Farther Finance Advisors LLC now owns 39,331 shares of the closed-end fund’s stock valued at $420,000 after acquiring an additional 1,224 shares in the last quarter. Maridea Wealth Management LLC boosted its stake in AllianceBernstein Global High Income Fund by 2.7% in the first quarter. Maridea Wealth Management LLC now owns 56,570 shares of the closed-end fund’s stock valued at $575,000 after acquiring an additional 1,477 shares in the last quarter. CWM LLC boosted its stake in AllianceBernstein Global High Income Fund by 64.3% in the fourth quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock valued at $47,000 after acquiring an additional 1,733 shares in the last quarter. Finally, Everstar Asset Management LLC boosted its stake in AllianceBernstein Global High Income Fund by 5.4% in the fourth quarter. Everstar Asset Management LLC now owns 33,950 shares of the closed-end fund’s stock valued at $363,000 after acquiring an additional 1,749 shares in the last quarter.

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.