Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Update

by · The Cerbat Gem

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 52,518 shares, a drop of 41.0% from the May 31st total of 88,966 shares. Based on an average trading volume of 301,863 shares, the days-to-cover ratio is presently 0.2 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

NYSE:WIW traded down $0.04 on Wednesday, hitting $8.36. 280,936 shares of the stock were exchanged, compared to its average volume of 262,616. The stock has a fifty day moving average of $8.47 and a 200-day moving average of $8.55. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.29 and a fifty-two week high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.0625 per share. The ex-dividend date is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Comerica Bank increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the fourth quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock worth $454,000 after acquiring an additional 2,563 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 18.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 83,600 shares of the investment management company’s stock worth $718,000 after purchasing an additional 12,950 shares in the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth about $240,000. PFG Investments LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter worth about $132,000. Finally, HBW Advisory Services LLC boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 44.1% in the fourth quarter. HBW Advisory Services LLC now owns 72,118 shares of the investment management company’s stock worth $619,000 after buying an additional 22,055 shares during the period.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

(Get Free Report)

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.

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