Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Stock Short Interest Report for October

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 10,534 shares, a decline of 39.7% from the September 30th total of 17,467 shares. Based on an average daily trading volume, of 131,708 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Legg Mason BW Global Income Opportunities Fund

Several large investors have recently bought and sold shares of the company. Rareview Capital LLC raised its stake in Legg Mason BW Global Income Opportunities Fund by 56.8% during the second quarter. Rareview Capital LLC now owns 179,226 shares of the company’s stock valued at $1,489,000 after buying an additional 64,914 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Legg Mason BW Global Income Opportunities Fund by 15.5% during the 1st quarter. Private Advisor Group LLC now owns 167,744 shares of the company’s stock worth $1,287,000 after buying an additional 22,493 shares during the last quarter. Stephens Inc. AR grew its position in shares of Legg Mason BW Global Income Opportunities Fund by 17.2% in the 1st quarter. Stephens Inc. AR now owns 158,528 shares of the company’s stock worth $1,216,000 after acquiring an additional 23,217 shares in the last quarter. Royal Bank of Canada grew its position in shares of Legg Mason BW Global Income Opportunities Fund by 21.3% in the 1st quarter. Royal Bank of Canada now owns 81,081 shares of the company’s stock worth $622,000 after acquiring an additional 14,236 shares in the last quarter. Finally, Eclectic Associates Inc. ADV grew its position in shares of Legg Mason BW Global Income Opportunities Fund by 8.6% in the 2nd quarter. Eclectic Associates Inc. ADV now owns 44,441 shares of the company’s stock worth $353,000 after acquiring an additional 3,511 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Stock Performance

BWG stock opened at $6.82 on Friday. The business has a fifty day simple moving average of $7.20 and a 200-day simple moving average of $7.81. Legg Mason BW Global Income Opportunities Fund has a 52 week low of $6.69 and a 52 week high of $8.68.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.96 annualized dividend and a dividend yield of 14.1%.

About Legg Mason BW Global Income Opportunities Fund

Legg Mason BW Global Income Opportunities Fund is a closed-end investment fund traded on the New York Stock Exchange under the symbol BWG. The fund seeks to provide investors with current income and, secondarily, capital appreciation by investing in a diversified portfolio of global fixed-income securities.

The fund may invest in government and sovereign debt, corporate bonds, emerging-market securities, and other income-producing instruments issued by companies and governments in the United States and international markets.