Short Interest in Western Asset Global High Income Fund Inc. (NYSE:EHI) Grows By 63.6%

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 49,400 shares, an increase of 63.6% from the October 31st total of 30,200 shares. Based on an average daily volume of 171,700 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. QSV Equity Investors LLC acquired a new stake in Western Asset Global High Income Fund in the 3rd quarter worth approximately $82,000. Sykon Capital LLC acquired a new stake in shares of Western Asset Global High Income Fund in the second quarter worth $137,000. J.W. Cole Advisors Inc. bought a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter worth $211,000. Insigneo Advisory Services LLC acquired a new position in Western Asset Global High Income Fund in the 2nd quarter valued at $224,000. Finally, Shaker Financial Services LLC raised its holdings in Western Asset Global High Income Fund by 239.0% in the 3rd quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock worth $1,073,000 after acquiring an additional 107,991 shares during the period.

Western Asset Global High Income Fund Stock Performance

Western Asset Global High Income Fund stock opened at $6.65 on Friday. Western Asset Global High Income Fund has a 1-year low of $6.58 and a 1-year high of $7.42. The firm’s fifty day simple moving average is $6.77 and its 200-day simple moving average is $6.97.

Western Asset Global High Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a $0.07 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

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.