Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 120,800 shares, a growth of 18.1% from the February 13th total of 102,300 shares. Based on an average daily volume of 71,300 shares, the short-interest ratio is currently 1.7 days.
Western Asset Municipal High Income Fund Stock Up 1.5 %
Western Asset Municipal High Income Fund stock traded up $0.12 during trading hours on Friday, hitting $7.65. The company had a trading volume of 32,318 shares, compared to its average volume of 71,583. Western Asset Municipal High Income Fund has a one year low of $6.51 and a one year high of $7.79. The firm has a 50-day moving average of $7.30 and a 200 day moving average of $7.18.
Western Asset Municipal High Income Fund Dividend Announcement
The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be given a dividend of $0.034 per share. The ex-dividend date of this dividend is Monday, March 24th.
Institutional Investors Weigh In On Western Asset Municipal High Income Fund
Several institutional investors and hedge funds have recently bought and sold shares of the company. South Plains Financial Inc. bought a new position in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at $68,000. Nomura Holdings Inc. acquired a new stake in Western Asset Municipal High Income Fund during the 4th quarter worth about $79,000. Vista Investment Partners II LLC bought a new stake in Western Asset Municipal High Income Fund in the fourth quarter worth approximately $81,000. GTS Securities LLC bought a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at $88,000. Finally, Commonwealth Equity Services LLC bought a new stake in Western Asset Municipal High Income Fund in the fourth quarter valued at $93,000.
Western Asset Municipal High Income Fund Company Profile
(
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Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S.
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