Short Interest in Nuveen Global High Income Fund (NYSE:JGH) Declines By 34.4%

Nuveen Global High Income Fund (NYSE:JGH) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 28,800 shares, a decrease of 34.4% from the November 30th total of 43,900 shares. Based on an average trading volume of 51,300 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Nuveen Global High Income Fund

A number of institutional investors have recently bought and sold shares of JGH. Avior Wealth Management LLC grew its holdings in Nuveen Global High Income Fund by 76.0% during the 3rd quarter. Avior Wealth Management LLC now owns 2,279 shares of the company’s stock valued at $30,000 after buying an additional 984 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Nuveen Global High Income Fund during the third quarter worth $47,000. International Assets Investment Management LLC grew its stake in Nuveen Global High Income Fund by 1,238.0% during the third quarter. International Assets Investment Management LLC now owns 12,082 shares of the company’s stock valued at $162,000 after acquiring an additional 11,179 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in Nuveen Global High Income Fund in the 2nd quarter valued at $158,000. Finally, Blake Schutter Theil Wealth Advisors LLC bought a new stake in Nuveen Global High Income Fund in the 3rd quarter valued at $214,000.

Nuveen Global High Income Fund Stock Down 0.4 %

Shares of NYSE:JGH opened at $12.76 on Friday. Nuveen Global High Income Fund has a 1-year low of $11.88 and a 1-year high of $13.41. The firm’s 50 day simple moving average is $13.03 and its two-hundred day simple moving average is $12.95.

Nuveen Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.1035 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date of this dividend is Friday, December 13th.

About Nuveen Global High Income Fund

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.