Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Shorted: Short Interest Down 53.1% in October

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 45,151 shares, a decline of 53.1% from the September 30th total of 96,201 shares. Based on an average daily trading volume, of 371,125 shares, the short-interest ratio is currently 0.1 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.3%

Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock traded up $0.03 on Friday, hitting $7.97. 301,911 shares of the company’s stock traded hands, compared to its average volume of 275,472. Western Asset Inflation-Linked Opportunities & Income Fund has a one year low of $7.83 and a one year high of $8.93. The company has a fifty day moving average of $8.07 and a two-hundred day moving average of $8.39.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be paid a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Friday, November 20th.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Readystate Asset Management LP bought a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter worth $365,000. Susquehanna International Group LLP lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 73.3% during the second quarter. Susquehanna International Group LLP now owns 25,619 shares of the investment management company’s stock valued at $215,000 after purchasing an additional 10,837 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock valued at $193,000 after purchasing an additional 1,766 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 6.3% during the second quarter. Dynamic Advisor Solutions LLC now owns 115,200 shares of the investment management company’s stock worth $968,000 after purchasing an additional 6,839 shares during the last quarter. Finally, PVG Asset Management Corp purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the first quarter worth about $461,000.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset Inflation-Linked Opportunities & Income Fund, Inc (NYSE: WIW) is a closed-end investment fund managed by Western Asset Management Company, an affiliate of Franklin Templeton. The fund seeks to provide current income and preserve purchasing power by investing primarily in inflation-linked securities.

The fund’s portfolio may include U.S. Treasury inflation-protected securities (TIPS), securities issued by other governments and government-related entities, and corporate or other fixed-income investments with inflation-linked characteristics.