Short Interest in Western Asset Global High Income Fund Inc. (NYSE:EHI) Grows By 58.5%

Western Asset Global High Income Fund Inc. (NYSE:EHIGet Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 67,200 shares, an increase of 58.5% from the February 28th total of 42,400 shares. Based on an average daily volume of 97,400 shares, the days-to-cover ratio is currently 0.7 days.

Western Asset Global High Income Fund Trading Down 0.2 %

Shares of EHI stock traded down $0.02 on Friday, reaching $6.65. 97,298 shares of the stock were exchanged, compared to its average volume of 97,234. The firm has a 50 day moving average of $6.77 and a two-hundred day moving average of $6.76. 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 Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a dividend yield of 12.44%.

Institutional Trading of Western Asset Global High Income Fund

Institutional investors have recently modified their holdings of the company. QSV Equity Investors LLC purchased a new position in Western Asset Global High Income Fund in the third quarter valued at approximately $82,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Western Asset Global High Income Fund in the fourth quarter worth $86,000. Envestnet Asset Management Inc. purchased a new position in shares of Western Asset Global High Income Fund in the 4th quarter valued at $94,000. Apollon Wealth Management LLC acquired a new position in shares of Western Asset Global High Income Fund during the 4th quarter valued at $132,000. Finally, Arete Wealth Advisors LLC acquired a new position in shares of Western Asset Global High Income Fund during the 4th quarter valued at $138,000.

Western Asset Global High Income Fund Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Western Asset Global High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Global High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.