Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Short Interest Up 123.7% in January

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 13,200 shares, an increase of 123.7% from the December 31st total of 5,900 shares. Based on an average trading volume of 75,200 shares, the days-to-cover ratio is currently 0.2 days.

Legg Mason BW Global Income Opportunities Fund Trading Up 0.4 %

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $8.26 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 business has a 50-day moving average price of $8.24 and a two-hundred day moving average price of $8.50.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Friday, February 21st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.96 annualized dividend and a dividend yield of 11.63%.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Pathstone Holdings LLC boosted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 4.7% during the third quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock worth $6,419,000 after purchasing an additional 32,744 shares during the period. Shaker Financial Services LLC grew its holdings in 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 worth $2,322,000 after purchasing an additional 16,666 shares during the period. Apollon Wealth Management LLC purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth $214,000. Sanctuary Advisors LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund during the 2nd quarter valued at about $171,000. Finally, HighTower Advisors LLC bought a new stake in Legg Mason BW Global Income Opportunities Fund during the 3rd quarter valued at about $173,000.

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.