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 during the month of May. As of May 15th, there was short interest totaling 12,944 shares, a growth of 198.4% from the April 30th total of 4,338 shares. Based on an average trading volume of 41,864 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 8.3% in the first quarter. Private Advisor Group LLC now owns 235,785 shares of the financial services provider’s stock worth $1,905,000 after buying an additional 18,012 shares during the period. PenderFund Capital Management Ltd. boosted its holdings in Western Asset Inflation-Linked Income Fund by 8.1% in the fourth quarter. PenderFund Capital Management Ltd. now owns 96,300 shares of the financial services provider’s stock valued at $794,000 after acquiring an additional 7,200 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Western Asset Inflation-Linked Income Fund by 32.1% during the 4th quarter. Osaic Holdings Inc. now owns 44,467 shares of the financial services provider’s stock valued at $368,000 after buying an additional 10,813 shares in the last quarter. &PARTNERS bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter valued at $85,000. Finally, Elevation Point Wealth Partners LLC boosted its holdings in shares of 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 valued at $185,000 after buying an additional 6,000 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Stock Up 0.1%

NYSE WIA traded up $0.01 on Friday, reaching $8.14. 36,150 shares of the company’s stock traded hands, compared to its average volume of 45,325. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.95 and a 12 month high of $8.54. The stock has a 50-day simple moving average of $8.12 and a 200 day simple moving average of $8.22.

Western Asset Inflation-Linked Income Fund Announces Dividend

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

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.