AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 30,335 shares, a drop of 49.4% from the June 15th total of 60,000 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 320,112 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of AllianceBernstein Global High Income Fund
A number of hedge funds and other institutional investors have recently modified their holdings of AWF. Integrated Wealth Concepts LLC increased its stake in shares of AllianceBernstein Global High Income Fund by 5.0% in the 1st quarter. Integrated Wealth Concepts LLC now owns 43,039 shares of the closed-end fund’s stock worth $462,000 after acquiring an additional 2,050 shares in the last quarter. XTX Topco Ltd bought a new stake in AllianceBernstein Global High Income Fund during the second quarter worth about $168,000. Raymond James Financial Inc. boosted its stake in AllianceBernstein Global High Income Fund by 16.4% during the second quarter. Raymond James Financial Inc. now owns 459,747 shares of the closed-end fund’s stock worth $5,071,000 after acquiring an additional 64,791 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in AllianceBernstein Global High Income Fund by 11.9% during the second quarter. Ameriprise Financial Inc. now owns 81,352 shares of the closed-end fund’s stock worth $892,000 after acquiring an additional 8,622 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in AllianceBernstein Global High Income Fund by 5.8% in the second quarter. Bank of America Corp DE now owns 899,161 shares of the closed-end fund’s stock worth $9,918,000 after purchasing an additional 49,624 shares during the period.
AllianceBernstein Global High Income Fund Trading Down 0.3%
Shares of NYSE AWF traded down $0.04 during mid-day trading on Friday, hitting $10.12. 467,325 shares of the stock traded hands, compared to its average volume of 372,828. The stock has a fifty day moving average price of $10.19 and a 200-day moving average price of $10.36. AllianceBernstein Global High Income Fund has a 52 week low of $9.85 and a 52 week high of $11.43.
AllianceBernstein Global High Income Fund Dividend Announcement
AllianceBernstein Global High Income Fund Company Profile
AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.
The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.
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