Western Asset High Income Fund II Inc. (NYSE:HIX) Short Interest Down 58.2% in March

Posted by Doug Wharley on Mar 28th, 2025

Western Asset High Income Fund II Inc. (NYSE:HIX – Get Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 95,600 shares, a drop of 58.2% from the February 28th total of 228,600 shares. Based on an average daily trading volume, of 474,000 shares, the short-interest ratio is currently 0.2 days.

Western Asset High Income Fund II Stock Down 0.4 %

NYSE:HIX traded down $0.02 during trading hours on Friday, reaching $4.21. 175,552 shares of the company traded hands, compared to its average volume of 430,767. The business’s 50-day moving average price is $4.31 and its two-hundred day moving average price is $4.37. Western Asset High Income Fund II has a 1 year low of $4.15 and a 1 year high of $4.54.

Western Asset High Income Fund II Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a $0.049 dividend. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Trading of Western Asset High Income Fund II

Several institutional investors have recently bought and sold shares of HIX. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Western Asset High Income Fund II in the fourth quarter worth approximately $35,000. Wealth Enhancement Advisory Services LLC purchased a new position in Western Asset High Income Fund II in the 4th quarter worth approximately $54,000. Wedbush Securities Inc. bought a new position in Western Asset High Income Fund II in the 4th quarter valued at approximately $63,000. Apollon Wealth Management LLC purchased a new stake in Western Asset High Income Fund II during the 4th quarter valued at $66,000. Finally, D.A. Davidson & CO. bought a new stake in shares of Western Asset High Income Fund II in the 3rd quarter worth $81,000.

About Western Asset High Income Fund II

(Get Free Report)

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.