Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Sees Large Growth in Short Interest

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 62,200 shares, an increase of 101.3% from the February 28th total of 30,900 shares. Based on an average daily volume of 219,000 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Wakefield Asset Management LLLP grew its position in Western Asset Inflation-Linked Opportunities & Income Fund by 1.8% during the 4th quarter. Wakefield Asset Management LLLP now owns 301,872 shares of the investment management company’s stock valued at $2,496,000 after purchasing an additional 5,237 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 30.3% in the fourth quarter. Private Advisor Group LLC now owns 665,792 shares of the investment management company’s stock worth $5,506,000 after buying an additional 154,955 shares in the last quarter. Mezzasalma Advisors LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter valued at approximately $88,000. Janney Montgomery Scott LLC grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 10.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 165,863 shares of the investment management company’s stock valued at $1,372,000 after buying an additional 15,133 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter valued at approximately $291,000.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

Shares of NYSE WIW traded up $0.06 on Friday, reaching $8.75. 334,833 shares of the company’s stock traded hands, compared to its average volume of 217,417. The business’s 50 day simple moving average is $8.68 and its two-hundred day simple moving average is $8.63. Western Asset Inflation-Linked Opportunities & Income Fund has a 12 month low of $8.21 and a 12 month high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th will be paid a $0.0625 dividend. The ex-dividend date is Monday, March 24th. This represents a dividend yield of 8.54%.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.