Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 60,100 shares, an increase of 199.0% from the May 31st total of 20,100 shares. Based on an average trading volume of 44,800 shares, the short-interest ratio is currently 1.3 days.
Hedge Funds Weigh In On Western Asset Global High Income Fund
Several hedge funds have recently made changes to their positions in EHI. Shaker Financial Services LLC grew its position in Western Asset Global High Income Fund by 50.9% during the 4th quarter. Shaker Financial Services LLC now owns 68,046 shares of the company’s stock worth $492,000 after purchasing an additional 22,942 shares during the period. Shufro Rose & Co. LLC grew its position in Western Asset Global High Income Fund by 11.2% during the 4th quarter. Shufro Rose & Co. LLC now owns 14,656 shares of the company’s stock worth $98,000 after purchasing an additional 1,471 shares during the period. Focus Financial Network Inc. ADV acquired a new stake in Western Asset Global High Income Fund during the 4th quarter worth about $182,000. Finally, Raymond James & Associates acquired a new stake in Western Asset Global High Income Fund during the 4th quarter worth about $138,000.
Western Asset Global High Income Fund Price Performance
Shares of NYSE EHI traded up $0.01 during mid-day trading on Friday, hitting $7.05. The stock had a trading volume of 52,303 shares, compared to its average volume of 43,778. The company has a 50 day moving average of $7.01 and a two-hundred day moving average of $7.07. Western Asset Global High Income Fund has a twelve month low of $6.00 and a twelve month high of $7.75.
Western Asset Global High Income Fund Announces Dividend
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.
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