Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Up 54.5% in March

Western Asset Inflation-Linked Income Fund (NYSE:WIA) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 11,900 shares, an increase of 54.5% from the February 28th total of 7,700 shares. Based on an average daily volume of 33,000 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

A number of hedge funds have recently bought and sold shares of WIA. Steward Partners Investment Advisory LLC lifted its position in shares of Western Asset Inflation-Linked Income Fund by 31.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,200 shares of the financial services provider’s stock worth $42,000 after purchasing an additional 1,243 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Western Asset Inflation-Linked Income Fund during the fourth quarter worth approximately $244,000. Mezzasalma Advisors LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund in the fourth quarter valued at approximately $251,000. Capstone Investment Advisors LLC acquired a new stake in shares of Western Asset Inflation-Linked Income Fund in the third quarter worth $287,000. Finally, Aviance Capital Partners LLC increased its position in Western Asset Inflation-Linked Income Fund by 44.9% during the fourth quarter. Aviance Capital Partners LLC now owns 46,396 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 14,374 shares during the period.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Income Fund stock opened at $8.35 on Tuesday. The firm has a fifty day simple moving average of $8.22 and a 200-day simple moving average of $8.24. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.82 and a 1-year high of $8.61.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.052 per share. This represents a yield of 7.47%. The ex-dividend date was Monday, March 24th.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.