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

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the target of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 47,900 shares, a decrease of 15.1% from the January 31st total of 56,400 shares. Based on an average daily volume of 111,000 shares, the short-interest ratio is currently 0.4 days.

Western Asset Global High Income Fund Price Performance

EHI stock opened at $6.75 on Wednesday. The company’s 50-day moving average is $6.74 and its 200-day moving average is $6.80. Western Asset Global High Income Fund has a 1 year low of $6.52 and a 1 year high of $7.35.

Western Asset Global High Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, March 24th.

Hedge Funds Weigh In On Western Asset Global High Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in EHI. Sit Investment Associates Inc. lifted its position in shares of Western Asset Global High Income Fund by 3,634.2% during the 4th quarter. Sit Investment Associates Inc. now owns 4,895,479 shares of the company’s stock worth $32,702,000 after buying an additional 4,764,380 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $5,299,000. Quarry LP bought a new position in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $2,254,000. Invesco Ltd. lifted its position in shares of Western Asset Global High Income Fund by 69.4% during the 4th quarter. Invesco Ltd. now owns 376,542 shares of the company’s stock worth $2,515,000 after buying an additional 154,235 shares in the last quarter. Finally, Rareview Capital LLC bought a new position in shares of Western Asset Global High Income Fund during the 4th quarter worth approximately $997,000.

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.