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HIGHLAND GLOBAL ALLOCATION FUND

corporate_fare Company Profile

HIGHLAND GLOBAL ALLOCATION FUND

HGLB·NYSE·Unknown·CIK 0001622148

HIGHLAND GLOBAL ALLOCATION FUND (HGLB) is a diversified, closed-end management investment company that aims to achieve long-term growth of capital and future income. The Fund seeks to meet its investment objectives by investing in a portfolio of U.S. and foreign equity, debt, and money market securities. It may also invest in senior loans to domestic or foreign corporations, partnerships, and other entities operating across various industries and geographic regions. Under normal market conditions, the Fund intends to invest at least 50% of its net assets in equity securities and at least 40% (plus any borrowings for investment purposes) of its net assets in securities of non-U.S. issuers. While the Fund aims to invest approximately 40% or more of its net assets in non-U.S. issuers, this allocation may be reduced to not less than 30% under unfavorable market conditions. The Fund was founded on April 9, 2013, and is headquartered in Dallas, Texas. It is managed by NexPoint Asset Management, L.P., with James D. Dondero and Scott Johnson serving as portfolio managers. The Fund's common shares are listed on the New York Stock Exchange under the symbol "HGLB". Sources: [1] https://www.sec.gov/Archives/edgar/data/1622148/000119312519034189/d669671dn2.htm [2] https://marketchameleon.com/Overview/HGLB/About/ [3] https://stockanalysis.com/stocks/hglb/ [4] https://www.cefconnect.com/fund/HGLB [5] https://www.morningstar.com/cefs/xnys/hglb/strategy [6] https://www.marketbeat.com/stocks/NASDAQ/HGLB/

HIGHLAND GLOBAL ALLOCATION FUND (NYSE:HGLB) is a publicly traded company in the Unknown sector. Wiseek has independently scored 1 item for HGLB at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-01-28, rated 9/10. Recent SEC coverage for HGLB spans 8-K.

Recent high-impact activity:

  • Highland Global Allocation Fund Adopts Sweeping Anti-Takeover and Shareholder Rights Restrictions

Short Interest & Short Volume

1.00 days to cover

FINRA reported short interest of 16,818 shares in HGLB as of the September 15, 2026 settlement, a 8.7% decrease from the prior period — about 1.0 days to cover at its recent average daily volume. On October 2, 2026, 50.3% of HGLB volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)16,818 shares as of September 15, 2026
Change vs prior period▼ 8.7%
Days to cover1.00 at avg daily volume of 61,981
Daily short volume (FINRA facilities)50.3% of 35,070 shares on October 2, 2026
5-day average short volume28.8%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

$6.72
52-week range · as of 2026-01-28 $6.62 – $10.64
Volume
47.2K (0.5× avg)
3-mo avg 86.7K
Live data · 2026-10-05 02:50 UTC · Market closed

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feed HGLB - Latest Insights

HGLB
Jan 28, 2026, 1:43 PM EST
Filing Type: 8-K
Importance Score:
9
Price at Filing: $8.72
Real-time Price: $6.72 info
Change: -$2.00 (-23%) info
Market Cap: N/A info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets