Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Update

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totaling 7,398 shares, a drop of 70.1% from the November 30th total of 24,760 shares. Based on an average daily trading volume, of 79,131 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 79,131 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Karpus Management Inc. lifted its stake in shares of Western Asset Inflation-Linked Income Fund by 3.5% in the 2nd quarter. Karpus Management Inc. now owns 8,077,278 shares of the financial services provider’s stock worth $67,849,000 after purchasing an additional 271,923 shares during the period. Guggenheim Capital LLC increased its holdings in Western Asset Inflation-Linked Income Fund by 23.3% in the 2nd quarter. Guggenheim Capital LLC now owns 527,399 shares of the financial services provider’s stock worth $4,430,000 after acquiring an additional 99,574 shares in the last quarter. Baird Financial Group Inc. raised its position in shares of Western Asset Inflation-Linked Income Fund by 2.0% during the 1st quarter. Baird Financial Group Inc. now owns 454,390 shares of the financial services provider’s stock valued at $3,792,000 after purchasing an additional 9,076 shares during the period. Fiera Capital Corp raised its position in shares of Western Asset Inflation-Linked Income Fund by 0.9% during the 3rd quarter. Fiera Capital Corp now owns 238,114 shares of the financial services provider’s stock valued at $2,005,000 after purchasing an additional 2,175 shares during the period. Finally, RHS Financial LLC lifted its stake in shares of Western Asset Inflation-Linked Income Fund by 2.6% during the 3rd quarter. RHS Financial LLC now owns 188,569 shares of the financial services provider’s stock valued at $1,588,000 after buying an additional 4,863 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Price Performance

Shares of Western Asset Inflation-Linked Income Fund stock traded up $0.03 during trading on Friday, reaching $8.25. The company’s stock had a trading volume of 76,712 shares, compared to its average volume of 39,410. The firm’s 50-day moving average is $8.34 and its two-hundred day moving average is $8.36. Western Asset Inflation-Linked Income Fund has a 52-week low of $7.93 and a 52-week high of $8.54.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be issued a $0.052 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a yield of 7.6%.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.