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

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

Western Asset High Income Fund II Trading Up 0.1 %

Shares of NYSE:HIX opened at $4.28 on Friday. Western Asset High Income Fund II has a 52-week low of $4.15 and a 52-week high of $4.93. The firm has a fifty day moving average of $4.35 and a 200 day moving average of $4.40.

Western Asset High Income Fund II Announces Dividend

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

Hedge Funds Weigh In On Western Asset High Income Fund II

A number of large investors have recently modified their holdings of HIX. Penserra Capital Management LLC purchased a new position in Western Asset High Income Fund II in the 3rd quarter worth $11,520,000. Landscape Capital Management L.L.C. grew its stake in shares of Western Asset High Income Fund II by 87.5% during the third 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 increased its holdings in shares of Western Asset High Income Fund II by 992.3% in the third quarter. Shaker Financial Services LLC now owns 262,159 shares of the closed-end fund’s stock worth $1,195,000 after buying an additional 238,159 shares during the period. Oppenheimer & Co. Inc. lifted its stake 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 acquiring an additional 129,979 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in 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 valued at $707,000 after acquiring an additional 8,000 shares during the period.

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.