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) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 12,000 shares, a growth of 5.3% from the October 15th total of 11,400 shares. Based on an average trading volume of 35,000 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

Several institutional investors have recently made changes to their positions in the business. Cetera Advisors LLC bought a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the first quarter valued at $1,077,000. Almitas Capital LLC acquired a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the 2nd quarter worth about $951,000. B. Riley Wealth Advisors Inc. lifted its holdings in 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. Heron Bay Capital Management boosted its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 1.2% in the second quarter. Heron Bay Capital Management now owns 749,245 shares of the company’s stock valued at $6,631,000 after buying an additional 9,055 shares in the last quarter. Finally, Beverly Hills Private Wealth LLC grew its stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 217.6% during the second quarter. Beverly Hills Private Wealth LLC now owns 90,273 shares of the company’s stock worth $799,000 after buying an additional 61,847 shares during the last quarter.

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

DCF opened at $9.25 on Tuesday. The stock’s 50 day simple moving average is $9.18 and its 200-day simple moving average is $8.95. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund has a 1 year low of $7.89 and a 1 year high of $9.26.

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

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

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.