AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Shares Shorted: Short Interest Down 84.8% in October

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 24,441 shares, a decrease of 84.8% from the October 15th total of 160,699 shares. Based on an average trading volume of 438,838 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC increased its stake in AllianceBernstein Global High Income Fund by 3.9% in the 3rd quarter. HighTower Advisors LLC now owns 41,821 shares of the closed-end fund’s stock worth $407,000 after acquiring an additional 1,589 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of AllianceBernstein Global High Income Fund during the 3rd quarter valued at approximately $1,629,000. Uhlmann Price Securities LLC grew its holdings in shares of AllianceBernstein Global High Income Fund by 6.0% in the third quarter. Uhlmann Price Securities LLC now owns 69,410 shares of the closed-end fund’s stock valued at $675,000 after purchasing an additional 3,931 shares in the last quarter. StoneX Group Inc. purchased a new position in shares of AllianceBernstein Global High Income Fund in the third quarter valued at $173,000. Finally, SMH Capital Advisors Inc. bought a new stake in AllianceBernstein Global High Income Fund in the third quarter worth $248,000.

AllianceBernstein Global High Income Fund Trading Down 1.1%

Shares of NYSE AWF opened at $9.63 on Wednesday. The firm’s fifty day moving average is $9.73 and its two-hundred day moving average is $10.14. AllianceBernstein Global High Income Fund has a 52-week low of $9.41 and a 52-week high of $10.88.

AllianceBernstein Global High Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 20th. Stockholders of record on Thursday, November 5th will be given a dividend of $0.0655 per share. The ex-dividend date is Thursday, November 5th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.2%.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund is a closed-end investment fund that seeks to provide high current income, with capital appreciation as a secondary objective. It invests primarily in debt securities issued by companies and governments around the world. The fund’s portfolio may include below-investment-grade corporate bonds and sovereign debt, including securities from emerging markets. Its global approach gives investors exposure to income-producing fixed-income markets across multiple regions.