BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) Short Interest Update

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 12,000 shares, an increase of 5.3% from the October 15th total of 11,400 shares. Based on an average daily volume of 35,000 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. increased its position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 14.0% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 17,383 shares of the company’s stock valued at $150,000 after purchasing an additional 2,138 shares during the last quarter. Quarry LP purchased a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the third quarter worth about $171,000. Shaker Financial Services LLC lifted its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 157.5% in the 2nd quarter. Shaker Financial Services LLC now owns 64,369 shares of the company’s stock valued at $570,000 after acquiring an additional 39,376 shares during the last quarter. Beverly Hills Private Wealth LLC grew its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 217.6% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 90,273 shares of the company’s stock worth $799,000 after acquiring an additional 61,847 shares during the last quarter. Finally, Almitas Capital LLC bought a new stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the second quarter valued at approximately $951,000.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Price Performance

NYSE:DCF opened at $9.25 on Wednesday. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a one year low of $7.89 and a one year high of $9.26. The firm has a 50-day moving average of $9.18 and a 200-day moving average of $8.96.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 24th. Investors of record on Wednesday, October 9th were issued a dividend of $0.035 per share. The ex-dividend date was Wednesday, October 9th. This represents a $0.42 dividend on an annualized basis and a yield of 4.54%.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Company Profile

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.