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

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

Institutional Investors Weigh In On Western Asset High Income Fund II

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sage Capital Advisors llc raised its stake in shares of Western Asset High Income Fund II by 5.1% during the 3rd quarter. Sage Capital Advisors llc now owns 90,541 shares of the closed-end fund’s stock worth $408,000 after purchasing an additional 4,404 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Western Asset High Income Fund II by 5.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 156,751 shares of the closed-end fund’s stock worth $707,000 after purchasing an additional 8,000 shares in the last quarter. Apollon Wealth Management LLC bought a new stake in shares of Western Asset High Income Fund II during the 4th quarter worth approximately $66,000. Calamos Advisors LLC raised its stake in shares of Western Asset High Income Fund II by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 83,491 shares of the closed-end fund’s stock worth $351,000 after purchasing an additional 16,055 shares in the last quarter. Finally, Arete Wealth Advisors LLC raised its stake in shares of Western Asset High Income Fund II by 97.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 33,499 shares of the closed-end fund’s stock worth $150,000 after purchasing an additional 16,535 shares in the last quarter.

Western Asset High Income Fund II Trading Down 0.1 %

NYSE HIX traded down $0.01 during trading on Thursday, hitting $4.26. The stock had a trading volume of 403,282 shares, compared to its average volume of 409,957. The company’s 50-day moving average price is $4.32 and its two-hundred day moving average price is $4.39. Western Asset High Income Fund II has a 12 month low of $4.15 and a 12 month high of $4.64.

Western Asset High Income Fund II Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Monday, January 27th will be paid a $0.049 dividend. This represents a yield of 13.64%. 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.