Short Interest in AllianceBernstein Global High Income Fund (NYSE:AWF) Expands By 73.1%

AllianceBernstein Global High Income Fund (NYSE:AWF) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 76,000 shares, an increase of 73.1% from the December 15th total of 43,900 shares. Based on an average daily volume of 248,000 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

Several hedge funds have recently made changes to their positions in AWF. US Bancorp DE lifted its stake in AllianceBernstein Global High Income Fund by 9.9% during the third quarter. US Bancorp DE now owns 11,127 shares of the closed-end fund’s stock valued at $126,000 after purchasing an additional 1,000 shares during the last quarter. PFG Investments LLC lifted its position in shares of AllianceBernstein Global High Income Fund by 5.8% during the 3rd quarter. PFG Investments LLC now owns 29,367 shares of the closed-end fund’s stock valued at $333,000 after acquiring an additional 1,597 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund during the 3rd quarter valued at $30,000. Quad Cities Investment Group LLC boosted its stake in shares of AllianceBernstein Global High Income Fund by 3.7% during the 3rd quarter. Quad Cities Investment Group LLC now owns 92,155 shares of the closed-end fund’s stock worth $1,045,000 after acquiring an additional 3,278 shares in the last quarter. Finally, Uncommon Cents Investing LLC grew its holdings in shares of AllianceBernstein Global High Income Fund by 2.0% in the 4th quarter. Uncommon Cents Investing LLC now owns 308,820 shares of the closed-end fund’s stock worth $3,314,000 after acquiring an additional 5,975 shares during the last quarter.

AllianceBernstein Global High Income Fund Stock Performance

Shares of AllianceBernstein Global High Income Fund stock opened at $10.76 on Friday. The business has a fifty day simple moving average of $10.80 and a 200-day simple moving average of $10.87. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.97 and a fifty-two week high of $11.36.

AllianceBernstein Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd will be issued a $0.0156 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Thursday, January 2nd.

AllianceBernstein Global High Income Fund Company Profile

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.