Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Sees Large Decrease in Short Interest

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a large decrease in short interest during 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 trading volume of 209,700 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. increased its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 3.0% in the 3rd quarter. Invesco Ltd. now owns 1,024,485 shares of the investment management company’s stock worth $9,108,000 after acquiring an additional 29,537 shares during the last quarter. PenderFund Capital Management Ltd. lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 0.9% in the 4th quarter. PenderFund Capital Management Ltd. now owns 1,015,397 shares of the investment management company’s stock worth $8,722,000 after buying an additional 8,700 shares during the last quarter. Private Advisor Group LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 10.7% in the 4th quarter. Private Advisor Group LLC now owns 974,328 shares of the investment management company’s stock worth $8,369,000 after buying an additional 94,162 shares during the last quarter. Bank of America Corp DE lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% in the 1st quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock worth $6,582,000 after buying an additional 26,325 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 1.4% in the 4th quarter. LPL Financial LLC now owns 738,455 shares of the investment management company’s stock worth $6,343,000 after buying an additional 9,963 shares during the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of NYSE WIW opened at $8.56 on Wednesday. The stock’s 50-day simple moving average is $8.50 and its two-hundred day simple moving average is $8.60. Western Asset Inflation-Linked Opportunities & Income Fund has a twelve month low of $8.33 and a twelve month high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

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

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.