Short Interest in Highland Global Allocation Fund (NASDAQ:HGLB) Decreases By 23.5%

Posted by Lauren Steadman on Aug 23rd, 2025

Highland Global Allocation Fund (NASDAQ:HGLB – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 31,000 shares, adecreaseof23.5% from the July 15th total of 40,500 shares. Based on an average daily trading volume, of 66,400 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 66,400 shares, the short-interest ratio is currently 0.5 days.

Highland Global Allocation Fund Stock Down 1.1%

Shares of HGLB stock opened at $8.35 on Friday. The company has a 50-day moving average of $8.50 and a two-hundred day moving average of $8.26. Highland Global Allocation Fund has a 1-year low of $6.62 and a 1-year high of $9.11.

Highland Global Allocation Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd will be paid a $0.088 dividend. The ex-dividend date of this dividend is Tuesday, September 23rd. This represents a c) annualized dividend and a dividend yield of 12.6%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE acquired a new stake in Highland Global Allocation Fund in the fourth quarter valued at approximately $32,000. Newbridge Financial Services Group Inc. acquired a new stake in Highland Global Allocation Fund in the second quarter valued at approximately $44,000. XTX Topco Ltd acquired a new stake in Highland Global Allocation Fund in the fourth quarter valued at approximately $86,000. NewEdge Advisors LLC acquired a new stake in Highland Global Allocation Fund in the second quarter valued at approximately $90,000. Finally, Wedbush Securities Inc. acquired a new stake in Highland Global Allocation Fund in the first quarter valued at approximately $93,000. Hedge funds and other institutional investors own 28.79% of the company’s stock.

About Highland Global Allocation Fund

(Get Free Report)

Highland Global Allocation Fund is a closed-end fund designed to provide low correlation to U.S. equity market.

Thr fund applies global thematic investment style, pursuing investments that management team views as undervalued, built around high-conviction themes.