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 significant growth in short interest in October. As of October 31st, there was short interest totalling 297,100 shares, a growth 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.

Western Asset High Income Fund II Trading Down 0.9 %

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Sage Capital Advisors llc increased its stake in shares of Western Asset High Income Fund II by 5.1% in the third quarter. Sage Capital Advisors llc now owns 90,541 shares of the closed-end fund’s stock valued at $408,000 after buying an additional 4,404 shares in the last quarter. Larson Financial Group LLC bought a new position in Western Asset High Income Fund II during the second quarter worth about $27,000. Rockefeller Capital Management L.P. raised its position in shares of Western Asset High Income Fund II by 5.4% during the third 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 during the period. Calamos Advisors LLC increased its position in shares of Western Asset High Income Fund II by 46.4% during the 2nd quarter. Calamos Advisors LLC now owns 51,678 shares of the closed-end fund’s stock worth $225,000 after purchasing an additional 16,371 shares during the last quarter. Finally, D.A. Davidson & CO. acquired a new position in shares of Western Asset High Income Fund II during the 3rd quarter worth approximately $81,000.

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.