Short Interest in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Expands By 65.6%

Posted by Francis Steltz on Jul 31st, 2026

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 21,367 shares, an increase of 65.6% from the June 30th total of 12,905 shares. Based on an average daily volume of 41,471 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Western Asset Mortgage Opportunity Fund

Hedge funds have recently added to or reduced their stakes in the business. CoreCap Advisors LLC raised its holdings in shares of Western Asset Mortgage Opportunity Fund by 171.9% during the second quarter. CoreCap Advisors LLC now owns 17,400 shares of the investment management company’s stock worth $186,000 after purchasing an additional 11,000 shares during the period. Noble Wealth Management PBC boosted its holdings in shares of Western Asset Mortgage Opportunity Fund by 14.5% in the 2nd quarter. Noble Wealth Management PBC now owns 39,837 shares of the investment management company’s stock valued at $427,000 after buying an additional 5,040 shares during the period. Royal Bank of Canada boosted its holdings in shares of Western Asset Mortgage Opportunity Fund by 2.7% in the 1st quarter. Royal Bank of Canada now owns 401,952 shares of the investment management company’s stock valued at $4,321,000 after buying an additional 10,721 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Western Asset Mortgage Opportunity Fund during the 1st quarter valued at about $114,000. Finally, Commonwealth Equity Services LLC grew its position in shares of Western Asset Mortgage Opportunity Fund by 3.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 35,897 shares of the investment management company’s stock valued at $397,000 after buying an additional 1,097 shares during the last quarter.

Western Asset Mortgage Opportunity Fund Stock Down 0.1%

Western Asset Mortgage Opportunity Fund stock traded down $0.01 during midday trading on Friday, hitting $10.34. The stock had a trading volume of 70,856 shares, compared to its average volume of 48,456. Western Asset Mortgage Opportunity Fund has a 12 month low of $10.31 and a 12 month high of $12.11. The business has a fifty day moving average price of $10.70 and a 200 day moving average price of $10.92.

Western Asset Mortgage Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be given a dividend of $0.12 per share. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date of this dividend is Monday, August 24th.

About Western Asset Mortgage Opportunity Fund

(Get Free Report)

Western Asset Mortgage Opportunity Fund, Inc (NYSE: DMO) is a closed‐end management investment company that seeks to provide a high level of current income, with capital preservation as a secondary objective. The fund pursues these goals by allocating its assets among a diversified portfolio of mortgage‐related securities.

The fund’s core investments include agency and non‐agency residential mortgage‐backed securities (MBS), commercial mortgage‐backed securities (CMBS) and asset‐backed securities (ABS) secured by pools of auto loans, credit card receivables, home equity loans and other consumer debt obligations.