Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Short Interest Update

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 9,100 shares, an increase of 184.4% from the August 31st total of 3,200 shares. Based on an average daily trading volume, of 51,600 shares, the short-interest ratio is presently 0.2 days.

Legg Mason BW Global Income Opportunities Fund Trading Down 0.1 %

BWG traded down $0.01 during trading on Friday, hitting $8.83. The company had a trading volume of 62,341 shares, compared to its average volume of 51,106. Legg Mason BW Global Income Opportunities Fund has a 1-year low of $6.86 and a 1-year high of $8.95. The business has a 50-day moving average of $8.68 and a 200-day moving average of $8.46.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 24th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 10.88%.

Hedge Funds Weigh In On Legg Mason BW Global Income Opportunities Fund

Several large investors have recently modified their holdings of the stock. Stephens Inc. AR lifted its stake in Legg Mason BW Global Income Opportunities Fund by 3.0% during the fourth quarter. Stephens Inc. AR now owns 166,383 shares of the company’s stock worth $1,390,000 after purchasing an additional 4,819 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund during the fourth quarter worth $154,000. Shaker Financial Services LLC lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 9.5% in the 2nd quarter. Shaker Financial Services LLC now owns 243,615 shares of the company’s stock worth $2,031,000 after buying an additional 21,175 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter worth about $171,000. Finally, Cetera Advisors LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 1st quarter valued at about $231,000.

About Legg Mason BW Global Income Opportunities Fund

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.