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 drop in short interest in April. As of April 30th, there was short interest totaling 4,338 shares, a drop of 67.8% from the April 15th total of 13,481 shares. Based on an average daily volume of 68,765 shares, the days-to-cover ratio is currently 0.1 days.

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

Large investors have recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new stake in Western Asset Inflation-Linked Income Fund in the third quarter valued at $59,000. &PARTNERS bought a new stake in Western Asset Inflation-Linked Income Fund in the fourth quarter valued at $85,000. Readystate Asset Management LP bought a new stake in Western Asset Inflation-Linked Income Fund in the third quarter valued at $115,000. Elevation Point Wealth Partners LLC bought a new stake in Western Asset Inflation-Linked Income Fund in the third quarter valued at $138,000. Finally, Uhlmann Price Securities LLC boosted its holdings in Western Asset Inflation-Linked Income Fund by 11.8% in the third quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock valued at $154,000 after acquiring an additional 1,933 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Stock Down 0.5%

NYSE WIA traded down $0.04 on Friday, reaching $8.14. 9,918 shares of the company’s stock traded hands, compared to its average volume of 47,097. 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 $8.24.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be issued a $0.052 dividend. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Thursday, May 21st.

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.