Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Sees Significant Increase in Short Interest

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 27,700 shares, an increase of 113.1% from the November 15th total of 13,000 shares. Based on an average trading volume of 65,100 shares, the short-interest ratio is presently 0.4 days.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of BWG opened at $8.46 on Friday. Legg Mason BW Global Income Opportunities Fund has a 1-year low of $7.81 and a 1-year high of $8.95. The firm has a fifty day moving average price of $8.51 and a 200 day moving average price of $8.55.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a $0.08 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.96 dividend on an annualized basis and a yield of 11.35%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of BWG. HighTower Advisors LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund in the third quarter valued at $173,000. Pathstone Holdings LLC raised its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 4.7% in the third quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock valued at $6,419,000 after buying an additional 32,744 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the third quarter valued at about $136,000. Shaker Financial Services LLC raised its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 6.8% in the third quarter. Shaker Financial Services LLC now owns 260,281 shares of the company’s stock valued at $2,322,000 after buying an additional 16,666 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the second quarter valued at about $171,000.

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.