Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Down 41.0% in June

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 52,518 shares, a drop of 41.0% from the May 31st total of 88,966 shares. Based on an average daily volume of 301,863 shares, the days-to-cover ratio is presently 0.2 days.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

Shares of NYSE WIW traded down $0.03 on Friday, hitting $8.37. The company had a trading volume of 426,092 shares, compared to its average volume of 263,923. Western Asset Inflation-Linked Opportunities & Income Fund has a 12-month low of $8.29 and a 12-month high of $9.03. The business has a 50 day moving average of $8.47 and a two-hundred day moving average of $8.55.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a yield of 9.0%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of WIW. Turim 21 Investimentos Ltda. acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the third quarter worth $50,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter valued at $56,000. Kestra Advisory Services LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter worth $64,000. Advisory Services Network LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth $68,000. Finally, XTX Topco Ltd acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 4th quarter worth $101,000.

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.