Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 8,500 shares, a decline of 37.5% from the August 15th total of 13,600 shares. Based on an average trading volume of 37,200 shares, the days-to-cover ratio is currently 0.2 days.
Shares of EHI traded down $0.13 during mid-day trading on Monday, reaching $10.23. The company’s stock had a trading volume of 61,644 shares, compared to its average volume of 38,002. Western Asset Global High Income Fund has a 52 week low of $9.56 and a 52 week high of $10.88. The company’s fifty day moving average price is $10.40 and its two-hundred day moving average price is $10.40.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 1st. Stockholders of record on Monday, November 22nd will be issued a $0.067 dividend. The ex-dividend date is Friday, November 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 7.86%.
Western Asset Global High Income Fund Company Profile
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.
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