Western Asset Global High Income Fund Inc. (NYSE:EHI) Sees Large Drop in Short Interest

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 47,900 shares, a decrease of 15.1% from the January 31st total of 56,400 shares. Based on an average trading volume of 111,000 shares, the days-to-cover ratio is currently 0.4 days.

Western Asset Global High Income Fund Trading Up 0.2 %

Shares of Western Asset Global High Income Fund stock traded up $0.02 during trading hours on Friday, reaching $6.75. 41,316 shares of the stock traded hands, compared to its average volume of 95,353. Western Asset Global High Income Fund has a one year low of $6.52 and a one year high of $7.35. The company has a 50 day moving average price of $6.75 and a 200 day moving average price of $6.80.

Western Asset Global High Income Fund Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Trading of Western Asset Global High Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. QSV Equity Investors LLC bought a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter valued at $82,000. Total Wealth Planning & Management Inc. bought a new stake in Western Asset Global High Income Fund during the fourth quarter valued at about $86,000. Envestnet Asset Management Inc. purchased a new stake in Western Asset Global High Income Fund in the fourth quarter worth about $94,000. Apollon Wealth Management LLC purchased a new stake in Western Asset Global High Income Fund in the fourth quarter worth about $132,000. Finally, Arete Wealth Advisors LLC bought a new position in shares of Western Asset Global High Income Fund in the fourth quarter worth about $138,000.

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.