Western Asset Global High Income Fund Inc. (NYSE:EHI) Short Interest Update

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 55,400 shares, an increase of 82.8% from the December 31st total of 30,300 shares. Based on an average daily volume of 154,700 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Hedge funds have recently modified their holdings of the stock. QSV Equity Investors LLC purchased a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter valued at about $82,000. Apollon Wealth Management LLC purchased a new stake in shares of Western Asset Global High Income Fund during the 4th quarter valued at about $132,000. J.W. Cole Advisors Inc. raised its holdings in shares of Western Asset Global High Income Fund by 259.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,461 shares of the company’s stock valued at $746,000 after buying an additional 77,586 shares during the period. Shaker Financial Services LLC raised its holdings in shares of Western Asset Global High Income Fund by 239.0% during the 3rd quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock valued at $1,073,000 after buying an additional 107,991 shares during the period. Finally, Absolute Investment Advisers LLC purchased a new stake in shares of Western Asset Global High Income Fund during the 4th quarter valued at about $5,299,000.

Western Asset Global High Income Fund Stock Performance

Shares of Western Asset Global High Income Fund stock traded down $0.01 during trading hours on Wednesday, reaching $6.82. The stock had a trading volume of 75,315 shares, compared to its average volume of 94,168. The firm has a 50 day simple moving average of $6.70 and a two-hundred day simple moving average of $6.86. Western Asset Global High Income Fund has a 1 year low of $6.52 and a 1 year high of $7.35.

Western Asset Global High Income Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Monday, January 27th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a dividend yield of 12.19%.

Western Asset Global High Income Fund Company Profile

Western Asset Global High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.