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

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 20,429 shares, a decrease of 57.2% from the November 30th total of 47,760 shares. Based on an average trading volume of 141,552 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 141,552 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Western Asset Global High Income Fund

Large investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in shares of Western Asset Global High Income Fund during the 2nd quarter valued at $53,000. Mosaic Family Wealth Partners LLC bought a new position in shares of Western Asset Global High Income Fund during the 3rd quarter valued at about $65,000. Wolverine Asset Management LLC acquired a new position in shares of Western Asset Global High Income Fund in the 3rd quarter worth approximately $66,000. Integrity Advisory Solutions LLC acquired a new position in shares of Western Asset Global High Income Fund in the 3rd quarter worth approximately $83,000. Finally, Virtu Financial LLC bought a new stake in shares of Western Asset Global High Income Fund in the 3rd quarter worth approximately $91,000.

Western Asset Global High Income Fund Stock Performance

EHI stock traded up $0.03 during midday trading on Friday, reaching $6.40. The company had a trading volume of 102,439 shares, compared to its average volume of 94,872. The stock has a 50 day moving average price of $6.36 and a 200 day moving average price of $6.48. Western Asset Global High Income Fund has a fifty-two week low of $6.11 and a fifty-two week high of $6.91.

Western Asset Global High Income Fund Announces Dividend

The business also recently announced 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. This represents a c) dividend on an annualized basis and a yield of 13.1%. The ex-dividend date is Friday, February 20th.

About Western Asset Global High Income Fund

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.