Short Interest in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Declines By 14.6%

Posted by Editorial Team on Apr 3rd, 2025

Western Asset Municipal High Income Fund Inc. (NYSE:MHF – Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 103,200 shares, a drop of 14.6% from the February 28th total of 120,800 shares. Based on an average daily trading volume, of 70,700 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. South Plains Financial Inc. bought a new stake in Western Asset Municipal High Income Fund during the fourth quarter worth about $68,000. Nomura Holdings Inc. bought a new position in Western Asset Municipal High Income Fund in the fourth quarter valued at approximately $79,000. Vista Investment Partners II LLC acquired a new position in Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $81,000. GTS Securities LLC bought a new position 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 shares of Western Asset Municipal High Income Fund during the 4th quarter worth $93,000.

Western Asset Municipal High Income Fund Price Performance

Shares of Western Asset Municipal High Income Fund stock opened at $7.40 on Thursday. The firm has a 50-day moving average of $7.38 and a 200-day moving average of $7.19. Western Asset Municipal High Income Fund has a 52-week low of $6.51 and a 52-week high of $7.83.

Western Asset Municipal High Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a $0.034 dividend. This represents a yield of 5.34%. The ex-dividend date of this dividend was Monday, March 24th.

Western Asset Municipal High Income Fund Company Profile

(Get Free Report)

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.