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

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 60,100 shares, an increase of 199.0% from the May 31st total of 20,100 shares. Based on an average daily volume of 44,800 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On Western Asset Global High Income Fund

Several hedge funds have recently made changes to their positions in EHI. Shaker Financial Services LLC increased its stake in shares of Western Asset Global High Income Fund by 50.9% in the fourth quarter. Shaker Financial Services LLC now owns 68,046 shares of the company’s stock worth $492,000 after acquiring an additional 22,942 shares during the period. Focus Financial Network Inc. ADV purchased a new stake in Western Asset Global High Income Fund in the fourth quarter valued at $182,000. Raymond James & Associates acquired a new stake in Western Asset Global High Income Fund during the 4th quarter worth about $138,000. Finally, Shufro Rose & Co. LLC raised its stake in shares of Western Asset Global High Income Fund by 11.2% during the 4th quarter. Shufro Rose & Co. LLC now owns 14,656 shares of the company’s stock valued at $98,000 after buying an additional 1,471 shares during the last quarter.

Western Asset Global High Income Fund Trading Up 0.2 %

NYSE:EHI traded up $0.01 during midday trading on Friday, reaching $7.05. 52,303 shares of the stock traded hands, compared to its average volume of 43,778. Western Asset Global High Income Fund has a 12-month low of $6.00 and a 12-month high of $7.75. The business has a 50-day moving average of $7.01 and a two-hundred day moving average of $7.07.

Western Asset Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, August 1st. Shareholders of record on Wednesday, July 24th will be paid a dividend of $0.07 per share. The ex-dividend date is Wednesday, July 24th. This represents a $0.84 dividend on an annualized basis and a yield of 11.91%.

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.