Short Interest in Western Asset Global High Income Fund Inc. (NYSE:EHI) Grows By 22.7%

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 30,300 shares, a growth of 22.7% from the November 30th total of 24,700 shares. Based on an average daily volume of 155,900 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Large investors have recently modified their holdings of the company. QSV Equity Investors LLC acquired a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter worth about $82,000. Sykon Capital LLC acquired a new position in Western Asset Global High Income Fund in the second quarter valued at approximately $137,000. J.W. Cole Advisors Inc. purchased a new position in Western Asset Global High Income Fund in the second quarter valued at approximately $211,000. Insigneo Advisory Services LLC acquired a new stake in Western Asset Global High Income Fund during the second quarter worth approximately $224,000. Finally, Shaker Financial Services LLC lifted its position 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 worth $1,073,000 after buying an additional 107,991 shares during the last quarter.

Western Asset Global High Income Fund Stock Performance

Shares of Western Asset Global High Income Fund stock traded up $0.08 on Tuesday, reaching $6.68. 332,887 shares of the company were exchanged, compared to its average volume of 86,381. The stock’s 50 day moving average price is $6.70 and its 200-day moving average price is $6.91. Western Asset Global High Income Fund has a 1-year low of $6.53 and a 1-year high of $7.35.

Western Asset Global High Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, January 24th.

About Western Asset Global High Income Fund

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.