Short Interest in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Expands By 114.7%

Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 39,500 shares, a growth of 114.7% from the January 31st total of 18,400 shares. Based on an average daily trading volume, of 75,000 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Pathstone Holdings LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 4.7% during the 3rd 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 in the last quarter. Guggenheim Capital LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 36.4% during the 4th quarter. Guggenheim Capital LLC now owns 325,871 shares of the company’s stock worth $2,607,000 after purchasing an additional 87,049 shares in the last quarter. Shaker Financial Services LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 6.8% during the 3rd 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 in the last quarter. LPL Financial LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 17.1% during the 4th quarter. LPL Financial LLC now owns 185,714 shares of the company’s stock worth $1,486,000 after purchasing an additional 27,101 shares in the last quarter. Finally, Alexander Randolph Advisory Inc. grew its stake in Legg Mason BW Global Income Opportunities Fund by 2.7% during the 4th quarter. Alexander Randolph Advisory Inc. now owns 115,954 shares of the company’s stock worth $928,000 after purchasing an additional 3,000 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Stock Up 0.1 %

Shares of NYSE BWG opened at $8.46 on Monday. Legg Mason BW Global Income Opportunities Fund has a twelve month low of $7.81 and a twelve month high of $8.95. The stock has a fifty day simple moving average of $8.23 and a 200-day simple moving average of $8.47.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a dividend of $0.08 per share. The ex-dividend date is Monday, March 24th. This represents a $0.96 annualized dividend and a yield of 11.35%.

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.