Western Asset Global High Income Fund Inc. (NYSE:EHI) Stock Short Interest Report for October

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 50,962 shares, a decline of 39.2% from the September 30th total of 83,765 shares. Based on an average trading volume of 124,843 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. GraniteShares Advisors LLC lifted its position in Western Asset Global High Income Fund by 1.6% in the third quarter. GraniteShares Advisors LLC now owns 447,113 shares of the company’s stock valued at $2,437,000 after acquiring an additional 6,915 shares during the last quarter. Total Wealth Planning & Management Inc. increased its position in shares of Western Asset Global High Income Fund by 13.0% during the third quarter. Total Wealth Planning & Management Inc. now owns 65,973 shares of the company’s stock worth $360,000 after purchasing an additional 7,576 shares in the last quarter. Readystate Asset Management LP acquired a new stake in shares of Western Asset Global High Income Fund during the second quarter worth about $315,000. Ameritas Advisory Services LLC purchased a new stake in shares of Western Asset Global High Income Fund in the 2nd quarter valued at about $26,000. Finally, Bank of America Corp DE purchased a new stake in shares of Western Asset Global High Income Fund in the 2nd quarter valued at about $77,000.

Western Asset Global High Income Fund Trading Down 0.5%

Shares of NYSE:EHI traded down $0.03 during trading hours on Tuesday, reaching $5.36. The stock had a trading volume of 26,092 shares, compared to its average volume of 112,895. The firm’s 50 day moving average is $5.48 and its 200-day moving average is $5.94. Western Asset Global High Income Fund has a 1 year low of $5.20 and a 1 year high of $6.55.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 15.7%. The ex-dividend date of this dividend is Friday, November 20th.

Western Asset Global High Income Fund Company Profile

Western Asset Global High Income Fund Inc (NYSE: EHI) is a closed-end investment company that seeks to provide investors with a high level of current income, while also pursuing opportunities for capital appreciation. The fund invests in a globally diversified portfolio of fixed-income securities and other income-producing instruments.

Its holdings may include below-investment-grade corporate bonds, sovereign and government-related debt, emerging-market securities, bank loans and other credit instruments.