Western Asset Inflation-Linked Income Fund (NYSE:WIA) Sees Significant Growth in Short Interest

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 27,000 shares, a growth of 91.5% from the August 31st total of 14,100 shares. Based on an average trading volume of 43,300 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 43,300 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of large investors have recently bought and sold shares of WIA. Karpus Management Inc. boosted its holdings in shares of Western Asset Inflation-Linked Income Fund by 3.5% in the 2nd quarter. Karpus Management Inc. now owns 8,077,278 shares of the financial services provider’s stock valued at $67,849,000 after purchasing an additional 271,923 shares during the last quarter. Guggenheim Capital LLC raised its position in shares of Western Asset Inflation-Linked Income Fund by 23.3% in the 2nd quarter. Guggenheim Capital LLC now owns 527,399 shares of the financial services provider’s stock worth $4,430,000 after buying an additional 99,574 shares during the period. Baird Financial Group Inc. boosted its holdings in Western Asset Inflation-Linked Income Fund by 2.0% in the first quarter. Baird Financial Group Inc. now owns 454,390 shares of the financial services provider’s stock valued at $3,792,000 after acquiring an additional 9,076 shares during the last quarter. North Ground Capital grew its position in Western Asset Inflation-Linked Income Fund by 8.6% during the first quarter. North Ground Capital now owns 238,928 shares of the financial services provider’s stock valued at $1,975,000 after acquiring an additional 18,928 shares during the period. Finally, RHS Financial LLC increased its stake in Western Asset Inflation-Linked Income Fund by 3.1% during the second quarter. RHS Financial LLC now owns 183,706 shares of the financial services provider’s stock worth $1,543,000 after acquiring an additional 5,566 shares during the last quarter.

Western Asset Inflation-Linked Income Fund Stock Down 0.1%

Shares of NYSE:WIA opened at $8.45 on Tuesday. The business has a fifty day simple moving average of $8.39 and a 200-day simple moving average of $8.30. Western Asset Inflation-Linked Income Fund has a 52 week low of $7.93 and a 52 week high of $8.53.

Western Asset Inflation-Linked Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 20th will be given a dividend of $0.052 per share. The ex-dividend date of this dividend is Thursday, November 20th. This represents a c) annualized dividend and a yield of 7.4%.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.