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

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 8,854 shares, a decrease of 69.4% from the November 30th total of 28,959 shares. Based on an average trading volume of 81,774 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 81,774 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Pathstone Holdings LLC increased its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 48.0% during the third quarter. Pathstone Holdings LLC now owns 1,318,834 shares of the company’s stock valued at $11,447,000 after purchasing an additional 427,597 shares during the period. Advisors Asset Management Inc. grew its position in Legg Mason BW Global Income Opportunities Fund by 194.5% in the 3rd quarter. Advisors Asset Management Inc. now owns 305,560 shares of the company’s stock valued at $2,652,000 after buying an additional 201,810 shares in the last quarter. Shaker Financial Services LLC increased its stake in Legg Mason BW Global Income Opportunities Fund by 53.7% during the 2nd quarter. Shaker Financial Services LLC now owns 382,468 shares of the company’s stock valued at $3,209,000 after buying an additional 133,608 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of Legg Mason BW Global Income Opportunities Fund during the 2nd quarter worth about $399,000. Finally, Bank of America Corp DE raised its position in shares of 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 worth $3,542,000 after buying an additional 47,748 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Trading Up 0.4%

Legg Mason BW Global Income Opportunities Fund stock traded up $0.03 during midday trading on Friday, reaching $8.51. 67,546 shares of the stock traded hands, compared to its average volume of 82,502. Legg Mason BW Global Income Opportunities Fund has a fifty-two week low of $7.46 and a fifty-two week high of $8.94. The firm has a fifty day moving average price of $8.44 and a two-hundred day moving average price of $8.49.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be given a $0.08 dividend. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date is Friday, February 20th.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.