Short Interest in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Rises By 9.3%

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 10,600 shares, an increase of 9.3% from the July 15th total of 9,700 shares. Based on an average trading volume of 41,900 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

Large investors have recently made changes to their positions in the stock. Alexander Randolph Advisory Inc. bought a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at about $960,000. Shaker Financial Services LLC increased its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 75.2% in the 4th quarter. Shaker Financial Services LLC now owns 151,059 shares of the company’s stock valued at $1,262,000 after acquiring an additional 64,818 shares during the period. Matisse Capital raised its position in shares of Legg Mason BW Global Income Opportunities Fund by 3.3% in the 4th quarter. Matisse Capital now owns 155,021 shares of the company’s stock worth $1,295,000 after acquiring an additional 5,021 shares in the last quarter. Stephens Inc. AR raised its position in shares of Legg Mason BW Global Income Opportunities Fund by 3.0% in the 4th quarter. Stephens Inc. AR now owns 166,383 shares of the company’s stock worth $1,390,000 after acquiring an additional 4,819 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new stake in Legg Mason BW Global Income Opportunities Fund during the fourth quarter valued at about $154,000.

Legg Mason BW Global Income Opportunities Fund Stock Performance

Legg Mason BW Global Income Opportunities Fund stock traded up $0.01 during midday trading on Monday, reaching $8.70. The stock had a trading volume of 35,774 shares, compared to its average volume of 49,321. Legg Mason BW Global Income Opportunities Fund has a 52-week low of $6.86 and a 52-week high of $8.74. The company has a fifty day moving average of $8.49 and a 200 day moving average of $8.38.

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. Investors of record on Thursday, November 21st will be paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.04%. The ex-dividend date is Thursday, November 21st.

Legg Mason BW Global Income Opportunities Fund Company Profile

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.