Western Asset Global High Income Fund Inc. (NYSE:EHI) Short Interest Up 112.0% in September

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 894,900 shares, a growth of 112.0% from the August 31st total of 422,100 shares. Based on an average trading volume of 89,400 shares, the short-interest ratio is presently 10.0 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in EHI. Sykon Capital LLC acquired a new stake in Western Asset Global High Income Fund in the second quarter valued at approximately $137,000. Focus Financial Network Inc. ADV acquired a new stake in shares of Western Asset Global High Income Fund during the 4th quarter valued at $182,000. J.W. Cole Advisors Inc. bought a new stake in Western Asset Global High Income Fund during the 2nd quarter worth $211,000. Finally, Insigneo Advisory Services LLC acquired a new stake in shares of Western Asset Global High Income Fund during the second quarter valued at about $224,000.

Western Asset Global High Income Fund Price Performance

EHI stock traded down $0.03 during mid-day trading on Friday, hitting $6.89. The stock had a trading volume of 159,101 shares, compared to its average volume of 61,001. The firm has a fifty day simple moving average of $7.06 and a 200 day simple moving average of $7.03. Western Asset Global High Income Fund has a 52 week low of $6.00 and a 52 week high of $7.42.

Western Asset Global High Income Fund Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be paid a $0.07 dividend. This is a boost from Western Asset Global High Income Fund’s previous dividend of $0.06. The ex-dividend date of this dividend is Thursday, October 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.