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

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 55,400 shares, an increase of 82.8% from the December 31st total of 30,300 shares. Based on an average trading volume of 154,700 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. QSV Equity Investors LLC acquired a new position in Western Asset Global High Income Fund during the 3rd quarter valued at approximately $82,000. Apollon Wealth Management LLC acquired a new position in Western Asset Global High Income Fund during the 4th quarter valued at approximately $132,000. J.W. Cole Advisors Inc. boosted its position in Western Asset Global High Income Fund by 259.7% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 107,461 shares of the company’s stock valued at $746,000 after purchasing an additional 77,586 shares during the period. Shaker Financial Services LLC boosted its position in Western Asset Global High Income Fund by 239.0% during the 3rd quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock valued at $1,073,000 after purchasing an additional 107,991 shares during the period. Finally, Absolute Investment Advisers LLC acquired a new position in Western Asset Global High Income Fund during the 4th quarter valued at approximately $5,299,000.

Western Asset Global High Income Fund Price Performance

Shares of EHI traded down $0.01 during mid-day trading on Wednesday, hitting $6.82. The stock had a trading volume of 75,315 shares, compared to its average volume of 94,168. The company’s fifty day simple moving average is $6.70 and its two-hundred day simple moving average is $6.86. Western Asset Global High Income Fund has a fifty-two week low of $6.52 and a fifty-two week high of $7.35.

Western Asset Global High Income Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 27th will be given a $0.07 dividend. The ex-dividend date is Friday, January 24th. This represents a dividend yield of 12.19%.

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.