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 decline in short interest in the month of August. As of August 31st, there was short interest totalling 6,300 shares, a decline of 42.7% from the August 15th total of 11,000 shares. Based on an average daily volume of 58,600 shares, the short-interest ratio is currently 0.1 days.

Legg Mason BW Global Income Opportunities Fund Stock Performance

Shares of BWG opened at $8.01 on Friday. The business has a 50-day simple moving average of $8.14 and a two-hundred day simple moving average of $7.98. Legg Mason BW Global Income Opportunities Fund has a 52 week low of $7.43 and a 52 week high of $8.87.

Legg Mason BW Global Income Opportunities Fund Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 22nd will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, September 21st. This is a boost from Legg Mason BW Global Income Opportunities Fund’s previous dividend of $0.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BWG. Landscape Capital Management L.L.C. bought a new position in shares of Legg Mason BW Global Income Opportunities Fund during the first quarter worth $109,000. Logan Stone Capital LLC purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth about $112,000. Chicago Partners Investment Group LLC bought a new position in Legg Mason BW Global Income Opportunities Fund during the first quarter valued at approximately $132,000. HighTower Advisors LLC bought a new position in Legg Mason BW Global Income Opportunities Fund during the fourth quarter valued at approximately $168,000. Finally, Atria Wealth Solutions Inc. purchased a new position in Legg Mason BW Global Income Opportunities Fund during the 1st quarter valued at approximately $172,000.

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.