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 decrease in short interest in September. As of September 30th, there was short interest totaling 9,125 shares, a decrease of 55.2% from the September 15th total of 20,370 shares. Based on an average daily volume of 76,938 shares, the short-interest ratio is currently 0.1 days.

Western Asset Mortgage Opportunity Fund Stock Performance

Western Asset Mortgage Opportunity Fund stock traded up $0.09 during midday trading on Thursday, reaching $9.65. The stock had a trading volume of 101,919 shares, compared to its average volume of 52,307. Western Asset Mortgage Opportunity Fund has a 52-week low of $9.29 and a 52-week high of $12.08. The company has a fifty day moving average of $9.96 and a 200 day moving average of $10.51.

Western Asset Mortgage Opportunity Fund Dividend Announcement

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

Institutional Trading of Western Asset Mortgage Opportunity Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new stake in Western Asset Mortgage Opportunity Fund during the 2nd quarter worth approximately $32,000. Janney Montgomery Scott LLC purchased a new position in Western Asset Mortgage Opportunity Fund in the first quarter valued at about $114,000. Integrated Capital Management Inc. raised its stake in shares of Western Asset Mortgage Opportunity Fund by 7.0% in the 3rd quarter. Integrated Capital Management Inc. now owns 17,357 shares of the investment management company’s stock valued at $165,000 after acquiring an additional 1,140 shares in the last quarter. Susquehanna International Group LLP grew its position in shares of Western Asset Mortgage Opportunity Fund by 22.3% in the second quarter. Susquehanna International Group LLP now owns 17,389 shares of the investment management company’s stock valued at $186,000 after purchasing an additional 3,169 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its position in shares of Western Asset Mortgage Opportunity Fund by 171.9% in the 2nd quarter. CoreCap Advisors LLC now owns 17,400 shares of the investment management company’s stock worth $186,000 after acquiring an additional 11,000 shares during the period.

Western Asset Mortgage Opportunity Fund Company Profile

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.