Nuveen Global High Income Fund (NYSE:JGH) Short Interest Update

Nuveen Global High Income Fund (NYSE:JGH) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 46,800 shares, agrowthof444.2% from the June 30th total of 8,600 shares. Based on an average trading volume of 47,000 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 47,000 shares, the short-interest ratio is currently 1.0 days.

Nuveen Global High Income Fund Trading Down 0.3%

Shares of Nuveen Global High Income Fund stock opened at $13.19 on Friday. Nuveen Global High Income Fund has a 1 year low of $10.51 and a 1 year high of $13.48. The company has a 50 day simple moving average of $12.85 and a two-hundred day simple moving average of $12.78.

Nuveen Global High Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 1st. Shareholders of record on Tuesday, July 15th were paid a $0.1035 dividend. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date was Tuesday, July 15th.

Hedge Funds Weigh In On Nuveen Global High Income Fund

Several hedge funds have recently modified their holdings of JGH. Shaker Financial Services LLC raised its holdings in shares of Nuveen Global High Income Fund by 5.3% during the 1st quarter. Shaker Financial Services LLC now owns 171,164 shares of the company’s stock worth $2,256,000 after acquiring an additional 8,681 shares in the last quarter. Pasadena Private Wealth LLC bought a new position in Nuveen Global High Income Fund during the first quarter valued at $166,000. Kingsview Wealth Management LLC grew its stake in shares of Nuveen Global High Income Fund by 12.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 11,255 shares of the company’s stock worth $147,000 after buying an additional 1,250 shares in the last quarter. Summit X LLC increased its holdings in shares of Nuveen Global High Income Fund by 85.0% in the 1st quarter. Summit X LLC now owns 144,852 shares of the company’s stock worth $1,895,000 after buying an additional 66,534 shares during the last quarter. Finally, Blake Schutter Theil Wealth Advisors LLC raised its position in shares of Nuveen Global High Income Fund by 80.2% during the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 28,828 shares of the company’s stock valued at $377,000 after buying an additional 12,828 shares in the last quarter.

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.