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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 38,077 shares, a growth of 414.7% from the December 15th total of 7,398 shares. Based on an average daily volume of 68,506 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 68,506 shares, the short-interest ratio is currently 0.6 days.

Western Asset Inflation-Linked Income Fund Price Performance

Shares of NYSE:WIA traded up $0.02 on Wednesday, hitting $8.29. The company had a trading volume of 12,128 shares, compared to its average volume of 31,325. The stock has a 50 day moving average price of $8.30 and a 200 day moving average price of $8.36. Western Asset Inflation-Linked Income Fund has a 1-year low of $8.00 and a 1-year high of $8.54.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be given a $0.052 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, February 20th.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of institutional investors have recently bought and sold shares of WIA. Dakota Wealth Management increased its holdings in shares of Western Asset Inflation-Linked Income Fund by 1.3% during the fourth quarter. Dakota Wealth Management now owns 102,793 shares of the financial services provider’s stock worth $850,000 after purchasing an additional 1,350 shares during the period. Alpine Global Management LLC bought a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth $458,000. PenderFund Capital Management Ltd. raised its holdings in Western Asset Inflation-Linked Income Fund by 17.3% in the 3rd quarter. PenderFund Capital Management Ltd. now owns 89,100 shares of the financial services provider’s stock valued at $749,000 after acquiring an additional 13,168 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at $138,000. Finally, Bank of America Corp DE grew its holdings in shares of Western Asset Inflation-Linked Income Fund by 11.2% during the 3rd quarter. Bank of America Corp DE now owns 109,763 shares of the financial services provider’s stock worth $924,000 after purchasing an additional 11,087 shares in the last quarter.

About Western Asset Inflation-Linked Income Fund

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.