Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 60.6% in May

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 88,966 shares, an increase of 60.6% from the May 14th total of 55,388 shares. Based on an average daily trading volume, of 235,075 shares, the short-interest ratio is currently 0.4 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.1%

WIW stock traded up $0.01 on Tuesday, reaching $8.48. 187,344 shares of the company traded hands, compared to its average volume of 239,024. Western Asset Inflation-Linked Opportunities & Income Fund has a one year low of $8.33 and a one year high of $9.03. The firm has a fifty day simple moving average of $8.51 and a 200-day simple moving average of $8.58.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Concorde Asset Management LLC raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 23.2% in the first quarter. Concorde Asset Management LLC now owns 68,050 shares of the investment management company’s stock worth $576,000 after purchasing an additional 12,800 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% in the first quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock worth $6,582,000 after purchasing an additional 26,325 shares during the last quarter. Quantinno Capital Management LP purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth $561,000. First Trust Advisors LP raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% in the first quarter. First Trust Advisors LP now owns 353,195 shares of the investment management company’s stock worth $2,988,000 after purchasing an additional 31,198 shares during the last quarter. Finally, GatePass Capital LLC purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth $822,000.

About Western Asset Inflation-Linked Opportunities & Income Fund

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.