Nuveen Global High Income Fund (NYSE:JGH) Short Interest Up 119.7% in May

Nuveen Global High Income Fund (NYSE:JGH) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 110,876 shares, a growth of 119.7% from the May 14th total of 50,478 shares. Based on an average daily volume of 114,962 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of institutional investors have recently bought and sold shares of the business. Sit Investment Associates Inc. boosted its position in Nuveen Global High Income Fund by 4,079.2% during the 4th quarter. Sit Investment Associates Inc. now owns 2,903,697 shares of the company’s stock worth $36,616,000 after acquiring an additional 2,834,217 shares during the period. Yakira Capital Management Inc. acquired a new stake in Nuveen Global High Income Fund during the 4th quarter worth about $9,004,000. Invesco Ltd. boosted its position in Nuveen Global High Income Fund by 13.9% during the 4th quarter. Invesco Ltd. now owns 570,793 shares of the company’s stock worth $7,198,000 after acquiring an additional 69,793 shares during the period. LPL Financial LLC boosted its position in Nuveen Global High Income Fund by 13.3% during the 4th quarter. LPL Financial LLC now owns 398,267 shares of the company’s stock worth $5,022,000 after acquiring an additional 46,762 shares during the period. Finally, Absolute Investment Advisers LLC acquired a new stake in Nuveen Global High Income Fund during the 4th quarter worth about $3,144,000.

Nuveen Global High Income Fund Trading Up 0.5%

NYSE:JGH opened at $12.92 on Friday. Nuveen Global High Income Fund has a 1-year low of $11.80 and a 1-year high of $13.70. The stock has a fifty day simple moving average of $12.67 and a 200 day simple moving average of $12.64.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.1035 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 9.6%.

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.