Nuveen Global High Income Fund (NYSE:JGH) Short Interest Down 32.1% in February

Nuveen Global High Income Fund (NYSE:JGH) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 46,400 shares, a drop of 32.1% from the February 13th total of 68,300 shares. Based on an average trading volume of 50,800 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JGH. Invesco Ltd. increased its holdings in shares of Nuveen Global High Income Fund by 4.5% in the 4th quarter. Invesco Ltd. now owns 382,925 shares of the company’s stock worth $4,917,000 after acquiring an additional 16,353 shares during the period. Shaker Financial Services LLC boosted its holdings in shares of Nuveen Global High Income Fund by 93.5% in the fourth quarter. Shaker Financial Services LLC now owns 162,483 shares of the company’s stock worth $2,086,000 after buying an additional 78,508 shares during the period. LPL Financial LLC lifted its position in shares of Nuveen Global High Income Fund by 2.4% in the fourth quarter. LPL Financial LLC now owns 303,000 shares of the company’s stock worth $3,891,000 after purchasing an additional 7,166 shares in the last quarter. Raymond James Financial Inc. bought a new position in Nuveen Global High Income Fund during the fourth quarter valued at approximately $2,001,000. Finally, Wolverine Asset Management LLC raised its position in Nuveen Global High Income Fund by 19.9% during the fourth quarter. Wolverine Asset Management LLC now owns 59,241 shares of the company’s stock valued at $761,000 after acquiring an additional 9,839 shares in the last quarter.

Nuveen Global High Income Fund Stock Down 0.5 %

Shares of NYSE JGH traded down $0.07 during midday trading on Friday, hitting $12.80. The company had a trading volume of 33,219 shares, compared to its average volume of 45,394. The business has a 50-day simple moving average of $13.16 and a two-hundred day simple moving average of $13.09. Nuveen Global High Income Fund has a twelve month low of $12.02 and a twelve month high of $13.48.

Nuveen Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.1035 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.24 annualized dividend and a yield of 9.70%.

Nuveen Global High Income Fund Company Profile

Nuveen Global High Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets across the globe. The fund primarily invests in U.S. high-yield bonds, non-U.S.