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

Institutional Investors Weigh In On Western Asset Global High Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC bought a new stake in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $35,000. Raymond James Financial Inc. purchased a new stake in Western Asset Global High Income Fund in the second quarter worth $53,000. Mosaic Family Wealth Partners LLC purchased a new stake in Western Asset Global High Income Fund in the third quarter worth $65,000. Wolverine Asset Management LLC bought a new stake in shares of Western Asset Global High Income Fund during the third quarter worth $66,000. Finally, SeaCrest Wealth Management LLC purchased a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at $74,000.

Western Asset Global High Income Fund Price Performance

Shares of Western Asset Global High Income Fund stock traded up $0.01 during trading on Friday, hitting $6.54. The stock had a trading volume of 38,288 shares, compared to its average volume of 115,000. Western Asset Global High Income Fund has a 12 month low of $6.11 and a 12 month high of $6.84. The firm’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 Dividend Announcement

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

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.