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

Posted by James Quigley on Oct 18th, 2024

Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 958,800 shares, an increase of 7.1% from the September 15th total of 894,900 shares. Based on an average daily trading volume, of 112,600 shares, the days-to-cover ratio is presently 8.5 days.

Institutional Trading of Western Asset Global High Income Fund

Large investors have recently added to or reduced their stakes in the business. Insigneo Advisory Services LLC acquired a new stake in shares of Western Asset Global High Income Fund in the second quarter worth $224,000. J.W. Cole Advisors Inc. bought a new stake in Western Asset Global High Income Fund in the 2nd quarter valued at $211,000. Finally, Sykon Capital LLC bought a new position in shares of Western Asset Global High Income Fund during the 2nd quarter worth about $137,000.

Western Asset Global High Income Fund Stock Performance

NYSE EHI traded down $0.06 on Thursday, reaching $6.77. The stock had a trading volume of 984,866 shares, compared to its average volume of 72,558. Western Asset Global High Income Fund has a 1 year low of $6.00 and a 1 year high of $7.42. The business has a 50 day moving average price of $7.00 and a 200 day moving average price of $7.01.

Western Asset Global High Income Fund Increases Dividend

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

Western Asset Global High Income Fund Company Profile

(Get Free Report)

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.