Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Get Free Report) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 1,000 shares, a drop of 79.2% from the December 15th total of 4,800 shares. Based on an average daily volume of 19,600 shares, the short-interest ratio is presently 0.1 days.
Western Asset Investment Grade Defined Opportunity Trust Price Performance
Western Asset Investment Grade Defined Opportunity Trust stock remained flat at $16.27 on Tuesday. 4,725 shares of the company’s stock were exchanged, compared to its average volume of 8,991. Western Asset Investment Grade Defined Opportunity Trust has a 52-week low of $16.09 and a 52-week high of $18.30. The company’s fifty day moving average is $16.60 and its two-hundred day moving average is $17.16.
Western Asset Investment Grade Defined Opportunity Trust 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 given a dividend of $0.071 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $0.85 annualized dividend and a dividend yield of 5.24%.
Institutional Trading of Western Asset Investment Grade Defined Opportunity Trust
Western Asset Investment Grade Defined Opportunity Trust Company Profile
Western Asset Investment Grade Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.
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