AllianceBernstein Global High Income Fund (NYSE:AWF) Short Interest Up 73.1% in December

AllianceBernstein Global High Income Fund (NYSE:AWF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 76,000 shares, a growth of 73.1% from the December 15th total of 43,900 shares. Based on an average daily volume of 248,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Large investors have recently modified their holdings of the business. Uncommon Cents Investing LLC grew its position in shares of AllianceBernstein Global High Income Fund by 2.0% in the 4th quarter. Uncommon Cents Investing LLC now owns 308,820 shares of the closed-end fund’s stock valued at $3,314,000 after purchasing an additional 5,975 shares during the period. Park Avenue Securities LLC acquired a new position in shares of AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $116,000. Tidal Investments LLC boosted its holdings in shares of AllianceBernstein Global High Income Fund by 7.4% in the third quarter. Tidal Investments LLC now owns 107,861 shares of the closed-end fund’s stock valued at $1,223,000 after buying an additional 7,434 shares during the period. World Investment Advisors LLC bought a new stake in shares of AllianceBernstein Global High Income Fund during the third quarter worth $643,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in AllianceBernstein Global High Income Fund in the 3rd quarter valued at $159,000.

AllianceBernstein Global High Income Fund Price Performance

Shares of NYSE AWF opened at $10.76 on Friday. AllianceBernstein Global High Income Fund has a twelve month low of $9.97 and a twelve month high of $11.36. The company’s fifty day moving average is $10.80 and its 200-day moving average is $10.87.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd will be issued a dividend of $0.0156 per share. The ex-dividend date is Thursday, January 2nd. This represents a $0.19 annualized dividend and a yield of 1.74%.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.