Western Asset Global High Income Fund Inc. (NYSE:EHI) Short Interest Up 63.6% in November

Western Asset Global High Income Fund Inc. (NYSE:EHI) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 49,400 shares, a growth of 63.6% from the October 31st total of 30,200 shares. Based on an average trading volume of 171,700 shares, the days-to-cover ratio is presently 0.3 days.

Western Asset Global High Income Fund Stock Up 0.3 %

Shares of EHI stock opened at $6.65 on Friday. Western Asset Global High Income Fund has a 1 year low of $6.58 and a 1 year high of $7.42. The firm’s fifty day simple moving average is $6.77 and its 200 day simple moving average is $6.97.

Western Asset Global High Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. J.W. Cole Advisors Inc. acquired a new stake in Western Asset Global High Income Fund during the second quarter worth about $211,000. Insigneo Advisory Services LLC acquired a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter worth approximately $224,000. Sykon Capital LLC bought a new stake in shares of Western Asset Global High Income Fund during the second quarter valued at approximately $137,000. Shaker Financial Services LLC raised its stake in shares of Western Asset Global High Income Fund by 239.0% in the third quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock valued at $1,073,000 after purchasing an additional 107,991 shares in the last quarter. Finally, QSV Equity Investors LLC bought a new position in Western Asset Global High Income Fund in the third quarter worth $82,000.

About Western Asset Global High Income Fund

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.