Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Sees Significant Decline in Short Interest

Posted by George Bondi on Jul 15th, 2026

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Get Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 96,833 shares, a drop of 52.0% from the June 15th total of 201,598 shares. Based on an average trading volume of 324,112 shares, the days-to-cover ratio is presently 0.3 days.

Western Asset High Income Opportunity Fund Trading Up 0.1%

Shares of NYSE HIO traded up $0.01 during trading on Wednesday, reaching $3.65. The company had a trading volume of 157,485 shares, compared to its average volume of 363,195. Western Asset High Income Opportunity Fund has a 52 week low of $3.52 and a 52 week high of $4.05. The business’s 50 day moving average price is $3.63 and its 200-day moving average price is $3.68.

Western Asset High Income Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a dividend of $0.0355 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a yield of 11.7%.

Institutional Investors Weigh In On Western Asset High Income Opportunity Fund

Several hedge funds and other institutional investors have recently made changes to their positions in HIO. Kanen Wealth Management LLC bought a new position in Western Asset High Income Opportunity Fund in the first quarter valued at about $1,448,000. Jane Street Group LLC acquired a new stake in Western Asset High Income Opportunity Fund in the first quarter worth about $139,000. Geneos Wealth Management Inc. raised its holdings in Western Asset High Income Opportunity Fund by 807.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 11,721 shares of the closed-end fund’s stock worth $47,000 after purchasing an additional 10,429 shares during the last quarter. Cetera Investment Advisers raised its holdings in Western Asset High Income Opportunity Fund by 8.2% during the 2nd quarter. Cetera Investment Advisers now owns 77,992 shares of the closed-end fund’s stock worth $310,000 after purchasing an additional 5,937 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Western Asset High Income Opportunity Fund by 1.0% during the 2nd quarter. Invesco Ltd. now owns 1,006,497 shares of the closed-end fund’s stock valued at $4,006,000 after purchasing an additional 10,194 shares during the period.

About Western Asset High Income Opportunity Fund

(Get Free Report)

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.