Western Asset Global High Income Fund Inc. (NYSE:EHI) Short Interest Down 50.8% in August

Western Asset Global High Income Fund Inc. (NYSE:EHI) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 37,278 shares, a decline of 50.8% from the July 30th total of 75,767 shares. Based on an average trading volume of 91,455 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Western Asset Global High Income Fund

A number of institutional investors have recently made changes to their positions in EHI. Ameritas Advisory Services LLC bought a new stake in shares of Western Asset Global High Income Fund in the 2nd quarter worth $26,000. Bank of America Corp DE bought a new position in shares of Western Asset Global High Income Fund during the second quarter valued at $77,000. CoreCap Advisors LLC bought a new position in shares of Western Asset Global High Income Fund during the second quarter valued at $48,000. Ashton Thomas Securities LLC purchased a new stake in shares of Western Asset Global High Income Fund during the first quarter valued at $65,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Western Asset Global High Income Fund during the first quarter valued at $72,000.

Western Asset Global High Income Fund Trading Up 0.2%

Shares of NYSE EHI traded up $0.01 during trading on Monday, reaching $5.71. The company had a trading volume of 211,347 shares, compared to its average volume of 101,752. Western Asset Global High Income Fund has a 12-month low of $5.70 and a 12-month high of $6.70. The business’s 50-day moving average is $5.87 and its 200 day moving average is $6.04.

Western Asset Global High Income Fund Dividend Announcement

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

Western Asset Global High Income Fund Company Profile

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.