Western Asset Inflation-Linked Income Fund (NYSE:WIA) Sees Significant Increase in Short Interest

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 43,611 shares, an increase of 205.8% from the May 31st total of 14,263 shares. Based on an average daily volume of 50,966 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Large investors have recently modified their holdings of the business. Dakota Wealth Management increased its stake in shares of Western Asset Inflation-Linked Income Fund by 1.3% in the fourth quarter. Dakota Wealth Management now owns 102,793 shares of the financial services provider’s stock worth $850,000 after buying an additional 1,350 shares during the last quarter. LPL Financial LLC raised its holdings in Western Asset Inflation-Linked Income Fund by 4.9% in the fourth quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock valued at $289,000 after acquiring an additional 1,631 shares in the last quarter. Aviance Capital Partners LLC boosted its stake in Western Asset Inflation-Linked Income Fund by 3.1% during the 4th quarter. Aviance Capital Partners LLC now owns 68,300 shares of the financial services provider’s stock valued at $565,000 after acquiring an additional 2,084 shares during the last quarter. Rock Point Advisors LLC boosted its stake in Western Asset Inflation-Linked Income Fund by 6.5% during the 4th quarter. Rock Point Advisors LLC now owns 58,968 shares of the financial services provider’s stock valued at $488,000 after acquiring an additional 3,583 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC grew its holdings in Western Asset Inflation-Linked Income Fund by 36.7% during the 4th quarter. Elevation Point Wealth Partners LLC now owns 22,350 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 6,000 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Price Performance

Shares of WIA stock traded down $0.03 on Tuesday, hitting $8.10. The stock had a trading volume of 3,318 shares, compared to its average volume of 44,795. The stock’s 50 day moving average is $8.12 and its 200-day moving average is $8.18. Western Asset Inflation-Linked Income Fund has a 52-week low of $7.95 and a 52-week high of $8.54.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a $0.052 dividend. The ex-dividend date is Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

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.