Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Stock Short Interest Report for September

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 9,125 shares, a drop of 55.2% from the September 15th total of 20,370 shares. Based on an average daily volume of 76,938 shares, the days-to-cover ratio is presently 0.1 days.

Western Asset Mortgage Opportunity Fund Trading Up 1.0%

Shares of NYSE DMO traded up $0.10 during mid-day trading on Tuesday, reaching $9.63. 121,532 shares of the company’s stock were exchanged, compared to its average volume of 52,077. Western Asset Mortgage Opportunity Fund has a 52 week low of $9.29 and a 52 week high of $12.08. The firm has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $10.52.

Western Asset Mortgage Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, November 20th. This represents a $1.44 annualized dividend and a yield of 14.9%.

Institutional Trading of Western Asset Mortgage Opportunity Fund

A number of large investors have recently added to or reduced their stakes in the stock. Integrated Capital Management Inc. raised its position in Western Asset Mortgage Opportunity Fund by 7.0% in the third quarter. Integrated Capital Management Inc. now owns 17,357 shares of the investment management company’s stock worth $165,000 after acquiring an additional 1,140 shares during the period. Venture Visionary Partners LLC boosted its stake in Western Asset Mortgage Opportunity Fund by 21.8% in the third quarter. Venture Visionary Partners LLC now owns 152,218 shares of the investment management company’s stock valued at $1,449,000 after acquiring an additional 27,199 shares during the last quarter. Noble Wealth Management PBC grew its position in shares of Western Asset Mortgage Opportunity Fund by 7.9% during the 3rd quarter. Noble Wealth Management PBC now owns 42,987 shares of the investment management company’s stock valued at $409,000 after acquiring an additional 3,150 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Western Asset Mortgage Opportunity Fund during the 2nd quarter valued at approximately $32,000. Finally, Baird Financial Group Inc. grew its position in shares of Western Asset Mortgage Opportunity Fund by 35.6% during the 2nd quarter. Baird Financial Group Inc. now owns 182,317 shares of the investment management company’s stock valued at $1,953,000 after acquiring an additional 47,908 shares during the period.

About Western Asset Mortgage Opportunity Fund

Western Asset Mortgage Opportunity Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol DMO. The fund is managed by Western Asset Management Company, an investment management firm specializing in fixed-income strategies and part of Franklin Templeton.

The fund seeks to provide current income and total return by investing primarily in mortgage-related securities and other debt instruments. Its portfolio may include residential and commercial mortgage-backed securities, mortgage loans, and securities issued or guaranteed by U.S.