Company Description
Western Asset High Income Opportunity Fund (NYSE: HIO) is a publicly traded asset management company in the Financial Services sector. The company has a market capitalization of $348.1M, ranking #3,963 among all listed U.S. companies by market cap.
HIO stock has declined 3.7% over the past year, placing it at #2,489 in year-to-date performance among tracked companies. Shares last traded at $3.69.
This page provides a comprehensive overview of HIO stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Western Asset High Income Opportunity Fund (HIO) stock last traded at $3.69, up 0.41% from the previous close. Over the past 12 months, the stock has lost 3.7%, ranking #1,445 in 52-week price change. At a market capitalization of $348.1M, HIO is classified as a small-cap stock with approximately 95.1M shares outstanding.
HIO Rankings
Latest News
Western Asset High Income Opportunity Fund has 10 recent news articles, with the latest published 2 days ago. Of the recent coverage, 6 articles coincided with positive price movement and 3 with negative movement. View all HIO news →
SEC Filings
Western Asset High Income Opportunity Fund has filed 5 recent SEC filings, including 1 Form 3, 1 Form 4, 1 Form 424B3, 1 Form EFFECT. The most recent filing was submitted on April 23, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all HIO SEC filings →
Insider Radar
Insider selling at Western Asset High Income Opportunity Fund over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Upcoming Events
Portfolio manager departure
Fiscal Year End
Annual stockholder meeting
2029 Annual Meeting
Western Asset High Income Opportunity Fund has 4 upcoming scheduled events. The next event, "Portfolio manager departure", is scheduled for September 30, 2026 (in 152 days). 1 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the HIO stock price.
Short Interest History
Short interest in Western Asset High Income Opportunity Fund (HIO) currently stands at 217.9 thousand shares, down 21.6% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has decreased by 25.1%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Western Asset High Income Opportunity Fund (HIO) currently stands at 1.0 days. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 1.5 days.
HIO Company Profile & Sector Positioning
Western Asset High Income Opportunity Fund (HIO) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, HIO ranks #90 by dividend yield.
Investors comparing HIO often look at related companies in the same sector, including Nuveen Real Asset Income and Growth Fund (JRI), Western Asset High Income Fund II (HIX), First Trust Enhanced Equity Income Fund (FFA), Stellus Cap Invt Corp (SCM), and BlackRock MuniVest (MVF). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate HIO's relative position within its industry.