Short Interest in Western Asset Global High Income Fund Inc. (NYSE:EHI) Rises By 58.5%

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 67,200 shares, a growth of 58.5% from the February 28th total of 42,400 shares. Based on an average trading volume of 97,400 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Western Asset Global High Income Fund

A number of hedge funds have recently made changes to their positions in the stock. QSV Equity Investors LLC bought a new position in Western Asset Global High Income Fund during the 3rd quarter worth approximately $82,000. Total Wealth Planning & Management Inc. acquired a new position in Western Asset Global High Income Fund in the fourth quarter valued at $86,000. Envestnet Asset Management Inc. bought a new stake in Western Asset Global High Income Fund during the fourth quarter valued at $94,000. Apollon Wealth Management LLC bought a new position in shares of Western Asset Global High Income Fund in the 4th quarter worth about $132,000. Finally, Arete Wealth Advisors LLC acquired a new position in shares of Western Asset Global High Income Fund in the 4th quarter valued at about $138,000.

Western Asset Global High Income Fund Price Performance

Shares of NYSE:EHI traded down $0.04 during mid-day trading on Monday, reaching $6.62. 202,388 shares of the company’s stock were exchanged, compared to its average volume of 97,653. Western Asset Global High Income Fund has a twelve month low of $6.52 and a twelve month high of $7.35. The business’s fifty day moving average price is $6.77 and its 200-day moving average price is $6.76.

Western Asset Global High Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a $0.07 dividend. The ex-dividend date is Monday, March 24th. This represents a dividend yield of 12.44%.

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.