Western Asset Global High Income Fund Inc. (NYSE:EHI) Short Interest Update

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 37,278 shares, a drop of 50.8% from the July 30th total of 75,767 shares. Based on an average daily volume of 91,455 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC acquired a new position in Western Asset Global High Income Fund in the 2nd quarter valued at approximately $26,000. Kestra Advisory Services LLC bought a new stake in shares of Western Asset Global High Income Fund in the fourth quarter worth $35,000. CoreCap Advisors LLC bought a new stake in shares of Western Asset Global High Income Fund in the second quarter worth $48,000. Raymond James Financial Inc. acquired a new stake in Western Asset Global High Income Fund in the second quarter valued at $53,000. Finally, Ashton Thomas Securities LLC bought a new position in Western Asset Global High Income Fund during the 1st quarter worth $65,000.

Western Asset Global High Income Fund Stock Performance

Shares of EHI stock remained flat at $5.71 during mid-day trading on Friday. The stock had a trading volume of 131,081 shares, compared to its average volume of 101,088. The business has a fifty day moving average price of $5.87 and a two-hundred day moving average price of $6.04. Western Asset Global High Income Fund has a 12-month low of $5.70 and a 12-month high of $6.70.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be issued a $0.07 dividend. This represents a c) dividend on an annualized basis and a yield of 14.7%. The ex-dividend date is Friday, November 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.