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

Western Asset High Income Fund II Inc. (NYSE:HIX) was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 297,100 shares, an increase of 154.4% from the October 15th total of 116,800 shares. Based on an average trading volume of 432,000 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Western Asset High Income Fund II

A number of institutional investors have recently modified their holdings of the business. Penserra Capital Management LLC acquired a new position in Western Asset High Income Fund II in the 3rd quarter worth about $11,520,000. Landscape Capital Management L.L.C. grew its position in shares of Western Asset High Income Fund II by 87.5% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 853,854 shares of the closed-end fund’s stock valued at $3,851,000 after buying an additional 398,413 shares during the last quarter. Shaker Financial Services LLC grew its position in shares of Western Asset High Income Fund II by 992.3% in the 3rd quarter. Shaker Financial Services LLC now owns 262,159 shares of the closed-end fund’s stock valued at $1,195,000 after buying an additional 238,159 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Western Asset High Income Fund II by 481.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 156,979 shares of the closed-end fund’s stock valued at $708,000 after buying an additional 129,979 shares during the last quarter. Finally, Robinson Capital Management LLC bought a new stake in shares of Western Asset High Income Fund II in the 1st quarter valued at about $385,000.

Western Asset High Income Fund II Price Performance

Western Asset High Income Fund II stock opened at $4.33 on Friday. Western Asset High Income Fund II has a 52 week low of $4.20 and a 52 week high of $5.05. The stock has a fifty day moving average of $4.45 and a 200-day moving average of $4.42.

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.