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

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a significant decline in short interest in July. As of July 15th, there was short interest totalling 61,700 shares, a decline of 7.6% from the June 30th total of 66,800 shares. Based on an average trading volume of 40,800 shares, the short-interest ratio is presently 1.5 days.

Western Asset Global High Income Fund Stock Performance

NYSE EHI traded up $0.07 during trading on Thursday, hitting $7.16. 84,198 shares of the company’s stock traded hands, compared to its average volume of 44,409. The stock has a fifty day moving average of $7.07 and a two-hundred day moving average of $7.06. Western Asset Global High Income Fund has a 12-month low of $6.00 and a 12-month high of $7.42.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Friday, August 23rd will be given a dividend of $0.07 per share. The ex-dividend date is Friday, August 23rd. This represents a $0.84 annualized dividend and a yield of 11.73%.

Institutional Trading of Western Asset Global High Income Fund

Several institutional investors have recently added to or reduced their stakes in the business. Shaker Financial Services LLC boosted its position in Western Asset Global High Income Fund by 50.9% during the fourth quarter. Shaker Financial Services LLC now owns 68,046 shares of the company’s stock valued at $492,000 after buying an additional 22,942 shares during the period. Focus Financial Network Inc. ADV purchased a new position in Western Asset Global High Income Fund during the 4th quarter valued at about $182,000. Raymond James & Associates purchased a new position in Western Asset Global High Income Fund during the 4th quarter valued at about $138,000. Finally, Shufro Rose & Co. LLC increased its holdings in 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 purchasing an additional 1,471 shares during the period.

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.