Western Asset Global High Income Fund Inc. (NYSE:EHI) Stock Short Interest Report for September

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 83,765 shares, a growth of 281.3% from the September 15th total of 21,966 shares. Based on an average daily trading volume, of 143,184 shares, the days-to-cover ratio is presently 0.6 days.

Western Asset Global High Income Fund Price Performance

NYSE:EHI traded down $0.10 during trading hours on Monday, hitting $5.39. 121,760 shares of the stock traded hands, compared to its average volume of 110,377. The stock has a 50 day moving average price of $5.64 and a 200 day moving average price of $5.86. Western Asset Global High Income Fund has a 1 year low of $5.32 and a 1 year high of $6.55.

Western Asset Global High Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.84 annualized dividend and a yield of 15.6%.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Institutional investors have recently bought and sold shares of the business. Readystate Asset Management LP bought a new stake in Western Asset Global High Income Fund during the second quarter valued at about $315,000. World Investment Advisors bought a new position in shares of Western Asset Global High Income Fund in the fourth quarter worth about $187,000. Bank of America Corp DE bought a new position in shares of Western Asset Global High Income Fund in the second quarter worth about $77,000. Allspring Global Investments Holdings LLC bought a new position in shares of Western Asset Global High Income Fund in the first quarter worth about $72,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of Western Asset Global High Income Fund during the first quarter worth about $65,000.

About Western Asset Global High Income Fund

Western Asset Global High Income Fund Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol EHI. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in fixed-income securities issued by companies and governments around the world.

The fund’s portfolio may include below-investment-grade corporate bonds, emerging-market debt, sovereign and government-related securities, bank loans, and other income-producing instruments.