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

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 35,600 shares, a growth of 36.4% from the April 30th total of 26,100 shares. Based on an average trading volume of 74,400 shares, the days-to-cover ratio is presently 0.5 days.

Western Asset Global High Income Fund Trading Up 0.2%

Western Asset Global High Income Fund stock opened at $6.42 on Wednesday. Western Asset Global High Income Fund has a 12-month low of $6.11 and a 12-month high of $7.35. The firm’s fifty day moving average is $6.38 and its 200 day moving average is $6.61.

Western Asset Global High Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Friday, August 22nd will be given a dividend of $0.07 per share. The ex-dividend date is Friday, August 22nd. This represents a $0.84 annualized dividend and a dividend yield of 13.08%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EHI. Elequin Capital LP bought a new stake in shares of Western Asset Global High Income Fund during the 1st quarter worth $50,000. Total Wealth Planning & Management Inc. purchased a new stake in Western Asset Global High Income Fund during the fourth quarter worth about $86,000. Envestnet Asset Management Inc. purchased a new stake in Western Asset Global High Income Fund during the fourth quarter worth about $94,000. Apollon Wealth Management LLC bought 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 stake in 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.