AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Short Interest Down 25.9% in December

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 35,708 shares, a decline of 25.9% from the December 15th total of 48,197 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 259,222 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 259,222 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Large investors have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. boosted its holdings in shares of AllianceBernstein Global High Income Fund by 2.4% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 43,743 shares of the closed-end fund’s stock worth $490,000 after buying an additional 1,016 shares during the period. Sound Income Strategies LLC increased its stake in shares of AllianceBernstein Global High Income Fund by 2.2% in the third quarter. Sound Income Strategies LLC now owns 48,531 shares of the closed-end fund’s stock worth $536,000 after purchasing an additional 1,050 shares during the period. Choreo LLC boosted its stake in AllianceBernstein Global High Income Fund by 6.1% during the 2nd quarter. Choreo LLC now owns 19,635 shares of the closed-end fund’s stock valued at $217,000 after purchasing an additional 1,135 shares during the period. Atria Wealth Solutions Inc. increased its stake in AllianceBernstein Global High Income Fund by 2.8% during the second quarter. Atria Wealth Solutions Inc. now owns 43,092 shares of the closed-end fund’s stock valued at $476,000 after acquiring an additional 1,174 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of AllianceBernstein Global High Income Fund by 1.5% in the 2nd quarter. Cetera Investment Advisers now owns 84,733 shares of the closed-end fund’s stock worth $935,000 after acquiring an additional 1,230 shares during the period.

AllianceBernstein Global High Income Fund Price Performance

AWF traded down $0.06 during midday trading on Monday, hitting $10.54. 686,088 shares of the company’s stock traded hands, compared to its average volume of 276,042. The stock’s fifty day simple moving average is $10.70 and its 200-day simple moving average is $10.97. AllianceBernstein Global High Income Fund has a one year low of $9.30 and a one year high of $11.43.

AllianceBernstein Global High Income Fund Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, January 16th. Stockholders of record on Thursday, January 8th were issued a dividend of $0.0488 per share. The ex-dividend date was Thursday, January 8th. This represents a dividend yield of 188.0%.

About AllianceBernstein Global High Income Fund

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.