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

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 54,542 shares, a decline of 38.6% from the June 30th total of 88,851 shares. Based on an average trading volume of 95,607 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

A number of institutional investors have recently bought and sold shares of EHI. Kestra Advisory Services LLC purchased a new position in Western Asset Global High Income Fund during the fourth quarter worth approximately $35,000. CoreCap Advisors LLC acquired a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter worth $48,000. Raymond James Financial Inc. purchased a new position in shares of Western Asset Global High Income Fund in the 2nd quarter worth $53,000. Ashton Thomas Securities LLC acquired a new position in Western Asset Global High Income Fund in the first quarter valued at $65,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Western Asset Global High Income Fund during the first quarter valued at about $72,000.

Western Asset Global High Income Fund Stock Performance

Western Asset Global High Income Fund stock traded up $0.01 during trading on Friday, hitting $5.78. The company’s stock had a trading volume of 130,988 shares, compared to its average volume of 95,300. The stock’s fifty day moving average is $5.94 and its 200 day moving average is $6.13. Western Asset Global High Income Fund has a 1-year low of $5.75 and a 1-year high of $6.70.

Western Asset Global High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be given a $0.07 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 14.5%.

Western Asset Global High Income Fund Company Profile

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.