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 decrease in short interest in the month of January. As of January 30th, there was short interest totaling 39,025 shares, a decrease of 44.7% from the January 15th total of 70,550 shares. Based on an average daily trading volume, of 163,656 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 163,656 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new position in Western Asset Global High Income Fund during the fourth quarter valued at approximately $35,000. Quarry LP lifted its holdings in Western Asset Global High Income Fund by 49.4% during the fourth quarter. Quarry LP now owns 187,883 shares of the company’s stock worth $1,204,000 after buying an additional 62,127 shares during the period. Wells Fargo & Company MN boosted its position in Western Asset Global High Income Fund by 11.9% during the 4th quarter. Wells Fargo & Company MN now owns 31,991 shares of the company’s stock valued at $205,000 after acquiring an additional 3,409 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Western Asset Global High Income Fund in the 4th quarter valued at $119,000. Finally, HRT Financial LP bought a new position in shares of Western Asset Global High Income Fund in the 4th quarter worth $122,000.

Western Asset Global High Income Fund Stock Performance

Shares of Western Asset Global High Income Fund stock traded up $0.01 during trading on Friday, hitting $6.54. 38,288 shares of the stock traded hands, compared to its average volume of 115,000. The stock’s fifty day simple moving average is $6.40 and its 200 day simple moving average is $6.46. Western Asset Global High Income Fund has a 52-week low of $6.11 and a 52-week high of $6.84.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be issued a $0.07 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 12.9%.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund (NYSE: EHI) is a diversified, closed-end management investment company that seeks to provide high current income by investing primarily in a broad range of high-yield and emerging-market debt securities. The fund’s portfolio typically includes corporate and sovereign bonds, bank loans, convertible securities and other credit instruments denominated in U.S. dollars and foreign currencies. By accessing global credit markets, EHI aims to capture attractive yield opportunities across developed and developing economies.

Launched in the late 2000s, the fund employs both fundamental credit analysis and top-down macroeconomic research to construct a portfolio that balances income generation with risk management.