Trading volume for Alliancebernstein Global High Income Fund was 434K in the last trading session. Volume was up 96.06% over the stocks average daily volume.
Traders are more bearish lately as implied by the uptick in short interest. The firm saw a rise in short interest from October 13, 2017 to October 31, 2017 of 176.44%. Short interest increased from 43,177 to 119,359 over that period. With short interest at 119,359 and short average daily volume at 175,403, days to cover is 1.0 and the percentage of shorted shares is 0.00% as of October 31.
A few notable investment firms have updated their holdings. As of quarter end Allegis Investment Advisors, LLC had acquired a total of 3,863 shares growing its holdings by 22.4%. The value of the investment in (AWF) went from $224,000 to $276,000 a change of $52,000 since the last quarter. Sheaff Brock Investment Advisors, LLC downsized its stake by selling 2,769 shares a decrease of 10.7% as of 09/30/2017. Sheaff Brock Investment Advisors, LLC controls 23,015 shares valued at $300,000. The value of the position overall is down by 10.2%.
Janney Montgomery Scott LLC cut its investment by shedding 3,672 shares a decrease of 4.3% in the quarter. Janney Montgomery Scott LLC owns 81,689 shares worth $1,066,000. The total value of its holdings decreased 3.5%. Sii Investments Inc/wi divested its position by selling 1,150 shares a decrease of 0.8% from 06/30/2017 to 09/30/2017. Sii Investments Inc/wi now controls 147,645 shares with a value of $1,928,000. The total value of its holdings increased 0.1%.
The company is up by 0.72% percent from yesterday’s close. The P/E ratio is N/A and the market cap of the company is 1.08B.
AllianceBernstein Global High Income Fund, Inc., (the Fund), formerly Alliance World Dollar Government Fund II, Inc. is a non-diversified, closed-end management investment company. This Fund seeks high current income and secondarily, capital appreciation. Under normal circumstances, the Fund will invest at least 65% of its total assets in sovereign debt obligations issued or guaranteed by foreign governments. Up to 35% of the Fund’s investments may comprise high-yielding, high-risk fixed-income securities issued by United States corporations. AllianceBernstein Investments, Inc., an affiliate of AllianceBernstein L.P., is the manager of the Fund..Advertisement