Western Asset High Income Opportunity Fund Stock Forecast, Price & News

Wall Street analysts have given Western Asset High Income Opportunity Fund a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Western Asset High Income Opportunity Fund wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Western Asset High Income Opportunity Fund saw a drop in short interest in the month of February. As of February 12th, there was short interest totaling 62,300 shares, a drop of 28.4% from the January 28th total of 87,000 shares. Based on an average daily volume of 524,700 shares, the short-interest ratio is currently 0.1 days.
View Western Asset High Income Opportunity Fund's Short Interest.

Western Asset High Income Opportunity Fund's stock was trading at $4.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HIO shares have increased by 8.0% and is now trading at $4.99.
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Western Asset High Income Opportunity Fund announced a monthly dividend on Friday, February 19th. Investors of record on Friday, May 21st will be given a dividend of $0.03 per share on Tuesday, June 1st. This represents a $0.36 annualized dividend and a yield of 7.21%. The ex-dividend date is Thursday, May 20th.
View Western Asset High Income Opportunity Fund's dividend history.

Western Asset High Income Opportunity Fund pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.07%.
View Western Asset High Income Opportunity Fund's dividend history.

Some companies that are related to Western Asset High Income Opportunity Fund include Aberdeen Global Dynamic Dividend Fund (AGD), Aberdeen Income Credit Strategies Fund (ACP), Aberdeen International (AABVF), Aberdeen Total Dynamic Dividend Fund (AOD), AllianceBernstein National Municipal Income Fund (AFB), AllianzGI Convertible & Income 2024 Target Term Fund (CBH), Apollo Tactical Income Fund (AIF), Ares Dynamic Credit Allocation Fund (ARDC), BlackRock 2022 Global Income Opportunity Trust (BGIO), BlackRock Corporate High Yield Fund (HYT), BlackRock Credit Allocation Income Trust (BTZ), BlackRock Floating Rate Income Strategies Fund (FRA), BlackRock Floating Rate Income Trust (BGT), BlackRock Limited Duration Income Trust (BLW) and BlackRock Muni Intermediate Duration Fund (MUI).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Western Asset High Income Opportunity Fund investors own include Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Transat A.T. (TRZ), Aegon (AEG), (AGC), (APA), Eaton Vance Floating-Rate Income Trust (EFT), Endologix (ELGX), American Airlines Group (AAL) and Acadia Healthcare (ACHC).

Western Asset High Income Opportunity Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIO."

Western Asset High Income Opportunity Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Morgan Stanley (0.00%), Penserra Capital Management LLC (0.00%), Capital Investment Advisors LLC (0.00%), Eaton Vance Management (0.00%), Eaton Vance Management (0.00%) and FCA Corp TX (0.00%). Company insiders that own Western Asset High Income Opportunity Fund stock include Carol L Colman, Daniel P Cronin, Saba Capital Management, LP and William R Hutchinson.
View institutional ownership trends for Western Asset High Income Opportunity Fund.

HIO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Eaton Vance Management, Eaton Vance Management, FCA Corp TX, Robinson Capital Management LLC, Wells Fargo & Company MN, Tortoise Investment Management LLC, and Barclays PLC. Company insiders that have sold Western Asset High Income Opportunity Fund company stock in the last year include Carol L Colman, Daniel P Cronin, Saba Capital Management, LP, and William R Hutchinson.
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HIO stock was purchased by a variety of institutional investors in the last quarter, including Capital Investment Advisors LLC, Penserra Capital Management LLC, Walleye Capital LLC, Stifel Financial Corp, Chicago Partners Investment Group LLC, Landscape Capital Management L.L.C., Pin Oak Investment Advisors Inc., and Walleye Trading LLC.
View insider buying and selling activity for Western Asset High Income Opportunity Fund or or view top insider-buying stocks.

Shares of HIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HIO stock can currently be purchased for approximately $4.99.

The official website for Western Asset High Income Opportunity Fund is www.leggmason.com.

Western Asset High Income Opportunity Fund is headquartered at 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States.

Western Asset High Income Opportunity Fund's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The closed-end fund can be reached via phone at 212-805-6016.