Short Interest in Western Asset High Income Fund II Inc. (NYSE:HIX) Decreases By 12.4%

Western Asset High Income Fund II Inc. (NYSE:HIX) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 150,300 shares, a decrease of 12.4% from the December 31st total of 171,600 shares. Based on an average daily volume of 475,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. boosted its stake in Western Asset High Income Fund II by 5.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 156,751 shares of the closed-end fund’s stock worth $707,000 after purchasing an additional 8,000 shares during the period. D.A. Davidson & CO. acquired a new stake in Western Asset High Income Fund II during the 3rd quarter worth $81,000. Wolverine Asset Management LLC acquired a new stake in Western Asset High Income Fund II during the 3rd quarter worth $198,000. XTX Topco Ltd acquired a new stake in Western Asset High Income Fund II during the 3rd quarter worth $178,000. Finally, Arete Wealth Advisors LLC boosted its stake in Western Asset High Income Fund II by 97.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 33,499 shares of the closed-end fund’s stock worth $150,000 after purchasing an additional 16,535 shares during the period.

Western Asset High Income Fund II Stock Up 0.7 %

NYSE HIX opened at $4.28 on Monday. The firm’s fifty day moving average price is $4.32 and its 200 day moving average price is $4.38. Western Asset High Income Fund II has a 12 month low of $4.15 and a 12 month high of $4.64.

Western Asset High Income Fund II Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Monday, January 27th will be given a $0.049 dividend. This represents a dividend yield of 13.64%. The ex-dividend date is Friday, January 24th.

About Western Asset High Income Fund II

Western Asset High Income Fund II 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.