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

Western Asset Global High Income Fund Inc. (NYSE:EHIGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 54,542 shares, a decline of 38.6% from the June 30th total of 88,851 shares. Based on an average daily volume of 95,607 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Western Asset Global High Income Fund

Several hedge funds have recently modified their holdings of EHI. Kestra Advisory Services LLC acquired a new position in shares of Western Asset Global High Income Fund during the 4th quarter valued at $35,000. CoreCap Advisors LLC acquired a new stake in Western Asset Global High Income Fund in the second quarter worth $48,000. Raymond James Financial Inc. bought a new stake in Western Asset Global High Income Fund in the second quarter valued at $53,000. Ashton Thomas Securities LLC bought a new stake in Western Asset Global High Income Fund in the first quarter valued at $65,000. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Western Asset Global High Income Fund during the first quarter valued at about $72,000.

Western Asset Global High Income Fund Trading Up 0.4%

NYSE EHI traded up $0.03 during trading hours on Thursday, hitting $5.78. 103,715 shares of the company’s stock were exchanged, compared to its average volume of 95,052. The stock has a 50-day simple moving average of $5.94 and a 200 day simple moving average of $6.14. Western Asset Global High Income Fund has a 1-year low of $5.75 and a 1-year high of $6.70.

Western Asset Global High Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a dividend of $0.07 per share. This represents a c) dividend on an annualized basis and a dividend yield of 14.5%. The ex-dividend date is Monday, August 24th.

Western Asset Global High Income Fund Company Profile

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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.

Further Reading

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