Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Stock Short Interest Jumps 1,521.4%

Posted by Stanley Muller on Oct 9th, 2026

Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 112,344 shares, a growth of 1,521.4% from the September 15th total of 6,929 shares. Based on an average daily trading volume, of 83,474 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Western Asset Global Corporate Defined Opportunity Fund

A number of large investors have recently bought and sold shares of the stock. Dynamic Advisor Solutions LLC raised its stake in Western Asset Global Corporate Defined Opportunity Fund by 6.0% during the second quarter. Dynamic Advisor Solutions LLC now owns 62,526 shares of the company’s stock worth $671,000 after acquiring an additional 3,550 shares in the last quarter. Van Diest Capital LLC acquired a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 1st quarter valued at $149,000. CoreCap Advisors LLC acquired a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 2nd quarter valued at $64,000. Fifth Third Bancorp bought a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 1st quarter worth about $30,000. Finally, Noble Wealth Management PBC grew its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 126.9% in the 3rd quarter. Noble Wealth Management PBC now owns 2,950 shares of the company’s stock worth $28,000 after purchasing an additional 1,650 shares during the last quarter.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

Shares of NYSE:GDO traded down $0.02 on Friday, hitting $9.57. 18,263 shares of the company were exchanged, compared to its average volume of 36,925. Western Asset Global Corporate Defined Opportunity Fund has a one year low of $9.33 and a one year high of $12.02. The company’s 50 day moving average price is $9.99 and its two-hundred day moving average price is $10.50.

Western Asset Global Corporate Defined Opportunity Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be paid a $0.1220 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $1.46 dividend on an annualized basis and a yield of 15.3%.

About Western Asset Global Corporate Defined Opportunity Fund

(Get Free Report)

Western Asset Global Corporate Defined Opportunity Fund, Inc (NYSE:GDO) is a closed-end investment fund managed by Western Asset Management Company LLC. The fund seeks to provide investors with current income and the potential for capital appreciation by investing primarily in corporate debt securities issued by companies around the world.

Its portfolio may include investment-grade and below-investment-grade corporate bonds, floating-rate obligations, emerging-market debt and other fixed-income securities.