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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 6,686 shares, a decrease of 82.2% from the July 30th total of 37,655 shares. Based on an average daily volume of 15,919 shares, the days-to-cover ratio is presently 0.4 days.

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

Several large investors have recently bought and sold shares of the stock. LPL Financial LLC grew its stake in shares of Western Asset Inflation-Linked Income Fund by 4.9% during the 4th quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 1,631 shares during the period. Aviance Capital Partners LLC increased its holdings in Western Asset Inflation-Linked Income Fund by 3.1% in the 4th quarter. Aviance Capital Partners LLC now owns 68,300 shares of the financial services provider’s stock worth $565,000 after acquiring an additional 2,084 shares during the last quarter. Rock Point Advisors LLC raised its stake in Western Asset Inflation-Linked Income Fund by 6.5% in 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 period. Elevation Point Wealth Partners LLC raised its stake in Western Asset Inflation-Linked Income Fund by 36.7% in 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 acquiring an additional 6,000 shares during the period. Finally, Hara Capital LLC purchased a new stake in Western Asset Inflation-Linked Income Fund during the second quarter valued at about $57,000.

Western Asset Inflation-Linked Income Fund Stock Down 0.3%

Shares of WIA stock traded down $0.02 during trading hours on Thursday, reaching $7.95. The company had a trading volume of 22,798 shares, compared to its average volume of 41,639. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.90 and a 12 month high of $8.54. The business has a fifty day simple moving average of $8.01 and a 200-day simple moving average of $8.11.

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.