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

Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) was the target of a large drop in short interest in 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 trading volume of 91,455 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EHI. Ameritas Advisory Services LLC bought a new position in shares of Western Asset Global High Income Fund in the 2nd quarter valued at $26,000. Kestra Advisory Services LLC acquired a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at about $35,000. CoreCap Advisors LLC bought a new stake in shares of Western Asset Global High Income Fund during the second quarter worth about $48,000. Raymond James Financial Inc. bought a new stake in shares of Western Asset Global High Income Fund during the second quarter worth about $53,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Western Asset Global High Income Fund in the first quarter valued at approximately $65,000.

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Western Asset Global High Income Fund Stock Performance

Shares of EHI remained flat at $5.71 during midday trading on Friday. The stock had a trading volume of 131,081 shares, compared to its average volume of 101,088. The company’s 50 day moving average price is $5.87 and its two-hundred day moving average price is $6.04. Western Asset Global High Income Fund has a one year low of $5.70 and a one year high of $6.70.

Western Asset Global High Income Fund Announces Dividend

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

Western Asset Global High Income Fund Company Profile

(Get Free Report)

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.

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