Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Down 36.4% in May

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 55,388 shares, a decrease of 36.4% from the April 30th total of 87,057 shares. Based on an average daily volume of 209,700 shares, the days-to-cover ratio is presently 0.3 days.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Down 0.6%

NYSE:WIW opened at $8.49 on Thursday. The company’s 50 day moving average price is $8.50 and its 200-day moving average price is $8.60. Western Asset Inflation-Linked Opportunities & Income Fund has a 52 week low of $8.33 and a 52 week high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.0625 per share. The ex-dividend date is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors have recently made changes to their positions in the company. Invesco Ltd. grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.0% during the third quarter. Invesco Ltd. now owns 1,024,485 shares of the investment management company’s stock valued at $9,108,000 after buying an additional 29,537 shares during the last quarter. PenderFund Capital Management Ltd. grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 0.9% during the fourth quarter. PenderFund Capital Management Ltd. now owns 1,015,397 shares of the investment management company’s stock valued at $8,722,000 after buying an additional 8,700 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 10.7% during the fourth quarter. Private Advisor Group LLC now owns 974,328 shares of the investment management company’s stock valued at $8,369,000 after buying an additional 94,162 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% during the first quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock valued at $6,582,000 after buying an additional 26,325 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 1.4% during the fourth quarter. LPL Financial LLC now owns 738,455 shares of the investment management company’s stock valued at $6,343,000 after buying an additional 9,963 shares during the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.