Western Asset High Income Fund II Inc. (NYSE:HIX) Short Interest Update

Western Asset High Income Fund II Inc. (NYSE:HIX) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 184,700 shares, an increase of 213.1% from the January 31st total of 59,000 shares. Based on an average trading volume of 479,900 shares, the short-interest ratio is presently 0.4 days.

Western Asset High Income Fund II Price Performance

NYSE HIX traded up $0.01 on Friday, hitting $4.40. The stock had a trading volume of 224,931 shares, compared to its average volume of 416,530. The business’s fifty day moving average price is $4.30 and its 200 day moving average price is $4.38. Western Asset High Income Fund II has a 52-week low of $4.15 and a 52-week high of $4.57.

Western Asset High Income Fund II Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a dividend of $0.049 per share. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Arete Wealth Advisors LLC grew its position in Western Asset High Income Fund II by 8.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 36,196 shares of the closed-end fund’s stock worth $152,000 after purchasing an additional 2,697 shares during the last quarter. Shaker Financial Services LLC grew its holdings in shares of Western Asset High Income Fund II by 2.3% during the fourth quarter. Shaker Financial Services LLC now owns 268,264 shares of the closed-end fund’s stock valued at $1,129,000 after buying an additional 6,105 shares during the last quarter. Rockefeller Capital Management L.P. increased 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 acquiring an additional 8,000 shares during the period. Marshall & Sterling Wealth Advisors Inc. purchased a new position in Western Asset High Income Fund II in the 4th quarter worth $35,000. Finally, Wedbush Securities Inc. acquired a new stake in Western Asset High Income Fund II during the 4th quarter worth about $63,000.

About Western Asset High Income Fund II

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.