Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 56,600 shares, a growth of 15.0% from the May 31st total of 49,200 shares. Based on an average daily trading volume, of 52,500 shares, the short-interest ratio is presently 1.1 days.
Western Asset Mortgage Opportunity Fund Stock Performance
DMO stock opened at $11.93 on Monday. Western Asset Mortgage Opportunity Fund has a 52-week low of $10.00 and a 52-week high of $12.09. The stock’s fifty day simple moving average is $11.71 and its 200-day simple moving average is $11.50.
Western Asset Mortgage Opportunity Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 1st. Stockholders of record on Wednesday, July 24th will be issued a dividend of $0.13 per share. This represents a $1.56 annualized dividend and a dividend yield of 13.08%. The ex-dividend date is Wednesday, July 24th.
Institutional Investors Weigh In On Western Asset Mortgage Opportunity Fund
Western Asset Mortgage Opportunity Fund Company Profile
Western Asset Mortgage Opportunity 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 Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States.
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