Short Interest in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Rises By 22.9%

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWGGet Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 33,300 shares, an increase of 22.9% from the September 30th total of 27,100 shares. Based on an average daily trading volume, of 59,800 shares, the days-to-cover ratio is presently 0.6 days.

Legg Mason BW Global Income Opportunities Fund Trading Up 0.4 %

NYSE BWG traded up $0.03 during trading hours on Wednesday, reaching $8.39. The company had a trading volume of 42,913 shares, compared to its average volume of 52,230. The stock has a 50-day moving average of $8.72 and a 200 day moving average of $8.50. Legg Mason BW Global Income Opportunities Fund has a 1-year low of $6.98 and a 1-year high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.96 annualized dividend and a dividend yield of 11.44%.

Institutional Investors Weigh In On Legg Mason BW Global Income Opportunities Fund

Several large investors have recently added to or reduced their stakes in BWG. Sanctuary Advisors LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund in the 2nd quarter valued at about $171,000. Cetera Advisors LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund in the first quarter valued at approximately $231,000. Wealthspire Advisors LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund in the second quarter worth approximately $281,000. Advisors Asset Management Inc. acquired a new position in Legg Mason BW Global Income Opportunities Fund during the 1st quarter worth approximately $950,000. Finally, Shaker Financial Services LLC grew its holdings in Legg Mason BW Global Income Opportunities Fund by 9.5% during the 2nd quarter. Shaker Financial Services LLC now owns 243,615 shares of the company’s stock worth $2,031,000 after acquiring an additional 21,175 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Company Profile

(Get Free Report)

Legg Mason BW Global Income Opportunities Fund 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 Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.

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