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 the month of December. As of December 15th, there was short interest totalling 30,300 shares, an increase of 22.7% from the November 30th total of 24,700 shares. Based on an average daily trading volume, of 155,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EHI. QSV Equity Investors LLC purchased a new stake in shares of Western Asset Global High Income Fund in the 3rd quarter valued at $82,000. Shaker Financial Services LLC lifted its position in shares of Western Asset Global High Income Fund by 239.0% during the third quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock worth $1,073,000 after purchasing an additional 107,991 shares in the last quarter. J.W. Cole Advisors Inc. lifted its position in shares of Western Asset Global High Income Fund by 259.7% during the third quarter. J.W. Cole Advisors Inc. now owns 107,461 shares of the company’s stock worth $746,000 after purchasing an additional 77,586 shares in the last quarter. Insigneo Advisory Services LLC purchased a new position in shares of Western Asset Global High Income Fund in the second quarter valued at approximately $224,000. Finally, Sykon Capital LLC acquired a new position in shares of Western Asset Global High Income Fund in the second quarter valued at approximately $137,000.

Western Asset Global High Income Fund Price Performance

Shares of EHI traded up $0.08 during trading on Tuesday, reaching $6.68. 332,887 shares of the company traded hands, compared to its average volume of 86,381. The stock has a 50-day simple moving average of $6.70 and a 200-day simple moving average of $6.91. Western Asset Global High Income Fund has a twelve month low of $6.53 and a twelve month high of $7.35.

Western Asset Global High Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be issued a $0.07 dividend. The ex-dividend date is Friday, January 24th.

Western Asset Global High Income Fund Company Profile

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.