AllianceBernstein Global High Income Fund (NYSE:AWF) Short Interest Update

AllianceBernstein Global High Income Fund (NYSE:AWF) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 23,200 shares, a decline of 78.3% from the February 28th total of 107,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 247,000 shares, the days-to-cover ratio is presently 0.1 days.

AllianceBernstein Global High Income Fund Trading Down 0.2 %

Shares of NYSE:AWF opened at $10.73 on Friday. AllianceBernstein Global High Income Fund has a twelve month low of $9.97 and a twelve month high of $11.36. The company’s 50 day moving average is $10.86 and its 200 day moving average is $10.90.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, April 25th. Investors of record on Thursday, April 3rd will be issued a dividend of $0.0655 per share. The ex-dividend date is Thursday, April 3rd. This represents a $0.79 annualized dividend and a dividend yield of 7.33%.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Hedge funds have recently added to or reduced their stakes in the business. FSA Wealth Management LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the third quarter worth about $30,000. Kovitz Investment Group Partners LLC acquired a new position in AllianceBernstein Global High Income Fund in the third quarter valued at approximately $159,000. World Investment Advisors LLC acquired a new position in AllianceBernstein Global High Income Fund in the third quarter valued at approximately $643,000. Tidal Investments LLC boosted its position in AllianceBernstein Global High Income Fund by 7.4% in the 3rd quarter. Tidal Investments LLC now owns 107,861 shares of the closed-end fund’s stock worth $1,223,000 after purchasing an additional 7,434 shares in the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund during the 4th quarter worth approximately $116,000.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.