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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 5,900 shares, a decline of 84.0% from the December 15th total of 36,900 shares. Based on an average trading volume of 68,500 shares, the short-interest ratio is presently 0.1 days.

Legg Mason BW Global Income Opportunities Fund Price Performance

Legg Mason BW Global Income Opportunities Fund stock traded down $0.01 during trading hours on Monday, hitting $7.96. The company had a trading volume of 92,262 shares, compared to its average volume of 69,723. The company has a 50-day moving average price of $8.30 and a two-hundred day moving average price of $8.52. Legg Mason BW Global Income Opportunities Fund has a 1 year low of $7.81 and a 1 year high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date is Friday, January 24th.

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

Large investors have recently modified their holdings of the business. HighTower Advisors LLC bought a new position in Legg Mason BW Global Income Opportunities Fund in the third quarter worth about $173,000. Sanctuary Advisors LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund in the second quarter valued at approximately $171,000. Wealthspire Advisors LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund in the second quarter worth $281,000. Wolverine Asset Management LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the third quarter worth $136,000. Finally, Pathstone Holdings LLC lifted its holdings 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 purchasing an additional 32,744 shares during the last quarter.

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.