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

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the target of a large increase in short interest during 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 hedge funds have recently added to or reduced their stakes in EHI. QSV Equity Investors LLC acquired a new position in Western Asset Global High Income Fund during the third quarter valued at approximately $82,000. Sykon Capital LLC bought a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter worth approximately $137,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Western Asset Global High Income Fund in the 2nd quarter valued at approximately $211,000. Insigneo Advisory Services LLC bought a new position in shares of Western Asset Global High Income Fund in the second quarter valued at $224,000. Finally, Shaker Financial Services LLC increased its holdings in 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 buying an additional 107,991 shares during the last quarter.

Western Asset Global High Income Fund Trading Up 1.2 %

NYSE EHI traded up $0.08 during trading on Tuesday, hitting $6.68. The stock had a trading volume of 332,887 shares, compared to its average volume of 85,807. Western Asset Global High Income Fund has a 12 month low of $6.53 and a 12 month high of $7.35. The company’s 50-day moving average price is $6.70 and its two-hundred day moving average price is $6.91.

Western Asset Global High Income Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be given 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.