Western Asset High Income Fund II Inc. (NYSE:HIX) Short Interest Up 32.6% in December

Western Asset High Income Fund II Inc. (NYSE:HIX) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 171,600 shares, an increase of 32.6% from the December 15th total of 129,400 shares. Based on an average trading volume of 468,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Western Asset High Income Fund II

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC purchased a new position in Western Asset High Income Fund II during the 3rd quarter worth $11,520,000. Landscape Capital Management L.L.C. raised its holdings in Western Asset High Income Fund II by 87.5% during the third quarter. Landscape Capital Management L.L.C. now owns 853,854 shares of the closed-end fund’s stock worth $3,851,000 after purchasing an additional 398,413 shares in the last quarter. Shaker Financial Services LLC lifted its position in Western Asset High Income Fund II by 992.3% in the third quarter. Shaker Financial Services LLC now owns 262,159 shares of the closed-end fund’s stock valued at $1,195,000 after purchasing an additional 238,159 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Western Asset High Income Fund II by 481.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 156,979 shares of the closed-end fund’s stock valued at $708,000 after purchasing an additional 129,979 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position 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.

Western Asset High Income Fund II Trading Up 0.1 %

Shares of NYSE:HIX opened at $4.28 on Friday. Western Asset High Income Fund II has a 1-year low of $4.15 and a 1-year high of $4.93. The firm has a fifty day moving average price of $4.35 and a 200 day moving average price of $4.40.

Western Asset High Income Fund II Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be issued a dividend of $0.049 per share. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset High Income Fund II Company Profile

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.