Western Asset Global High Income Fund Inc. (NYSE:EHI – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 422,100 shares, a growth of 438.4% from the August 15th total of 78,400 shares. Based on an average trading volume of 79,700 shares, the days-to-cover ratio is presently 5.3 days.
Institutional Trading of Western Asset Global High Income Fund
A number of institutional investors have recently modified their holdings of the company. Focus Financial Network Inc. ADV bought a new stake in Western Asset Global High Income Fund in the fourth quarter valued at $182,000. Insigneo Advisory Services LLC purchased a new stake in shares of Western Asset Global High Income Fund in the 2nd quarter worth about $224,000. J.W. Cole Advisors Inc. bought a new stake in shares of Western Asset Global High Income Fund during the 2nd quarter valued at about $211,000. Finally, Sykon Capital LLC purchased a new position in shares of Western Asset Global High Income Fund during the second quarter valued at about $137,000.
Western Asset Global High Income Fund Stock Up 0.7 %
Shares of Western Asset Global High Income Fund stock traded up $0.05 on Friday, hitting $7.03. The stock had a trading volume of 34,152 shares, compared to its average volume of 57,805. Western Asset Global High Income Fund has a one year low of $6.00 and a one year high of $7.42. The stock’s 50-day simple moving average is $7.08 and its two-hundred day simple moving average is $7.04.
Western Asset Global High Income Fund Increases Dividend
About Western Asset Global High Income Fund
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.
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