Short Interest in Western Asset High Income Fund II Inc. (NYSE:HIX) Rises By 32.6%

Western Asset High Income Fund II Inc. (NYSE:HIX) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 171,600 shares, an increase of 32.6% from the December 15th total of 129,400 shares. Based on an average daily volume of 468,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Western Asset High Income Fund II

Several hedge funds and other institutional investors have recently made changes to their positions in HIX. Insigneo Advisory Services LLC purchased a new position in Western Asset High Income Fund II in the second quarter valued at approximately $123,000. Rockefeller Capital Management L.P. grew its position in shares of Western Asset High Income Fund II by 5.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 156,751 shares of the closed-end fund’s stock valued at $707,000 after buying an additional 8,000 shares during the last quarter. D.A. Davidson & CO. acquired a new stake in Western Asset High Income Fund II during the 3rd quarter worth $81,000. Quarry LP lifted its position in Western Asset High Income Fund II by 57.4% in the second quarter. Quarry LP now owns 106,321 shares of the closed-end fund’s stock valued at $462,000 after acquiring an additional 38,761 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in Western Asset High Income Fund II in the third quarter valued at $198,000.

Western Asset High Income Fund II Trading Up 0.1 %

Shares of HIX stock opened at $4.28 on Friday. Western Asset High Income Fund II has a 12 month low of $4.15 and a 12 month high of $4.93. The firm has a fifty day moving average price of $4.35 and a 200 day moving average price of $4.40.

Western Asset High Income Fund II Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be issued a $0.049 dividend. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II 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.