Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Short Interest Update

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) saw a significant decrease in short interest in September. As of September 15th, there was short interest totaling 33,700 shares, a decrease of 49.6% from the August 31st total of 66,900 shares. Based on an average daily trading volume, of 94,400 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 94,400 shares, the short-interest ratio is currently 0.4 days.

Legg Mason BW Global Income Opportunities Fund Stock Down 0.2%

NYSE BWG opened at $8.69 on Monday. Legg Mason BW Global Income Opportunities Fund has a 1 year low of $7.46 and a 1 year high of $8.94. The business’s fifty day moving average is $8.65 and its two-hundred day moving average is $8.32.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 24th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) annualized dividend and a dividend yield of 11.1%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. increased its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 21.4% in the second quarter. Osaic Holdings Inc. now owns 19,561 shares of the company’s stock valued at $163,000 after buying an additional 3,442 shares in the last quarter. Geneos Wealth Management Inc. raised its stake in Legg Mason BW Global Income Opportunities Fund by 607.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,691 shares of the company’s stock valued at $31,000 after purchasing an additional 3,169 shares during the period. Bank of America Corp DE raised its stake in Legg Mason BW Global Income Opportunities Fund by 12.6% during the 2nd quarter. Bank of America Corp DE now owns 426,179 shares of the company’s stock valued at $3,542,000 after purchasing an additional 47,748 shares during the period. Ameriprise Financial Inc. raised its stake in Legg Mason BW Global Income Opportunities Fund by 5.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 24,770 shares of the company’s stock valued at $206,000 after purchasing an additional 1,298 shares during the period. Finally, Cerity Partners LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund during the 2nd quarter valued at $105,000.

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.