Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Short Interest Down 38.5% in February

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 24,300 shares, a decrease of 38.5% from the February 13th total of 39,500 shares. Based on an average trading volume of 76,800 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BWG. HighTower Advisors LLC bought a new stake in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter valued at about $173,000. Apollon Wealth Management LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 4th quarter worth approximately $214,000. Wolverine Asset Management LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter worth approximately $136,000. Alexander Randolph Advisory Inc. increased its stake in shares of Legg Mason BW Global Income Opportunities Fund by 2.7% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 115,954 shares of the company’s stock valued at $928,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Pathstone Holdings LLC lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock valued at $6,419,000 after acquiring an additional 32,744 shares during the period.

Legg Mason BW Global Income Opportunities Fund Trading Up 0.1 %

Shares of NYSE:BWG traded up $0.01 during trading on Monday, reaching $8.43. The stock had a trading volume of 41,294 shares, compared to its average volume of 59,875. Legg Mason BW Global Income Opportunities Fund has a 52 week low of $7.81 and a 52 week high of $8.95. The firm’s fifty day moving average is $8.31 and its 200 day moving average is $8.45.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.96 dividend on an annualized basis and a yield of 11.39%.

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.