Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 99,440 shares, an increase of 47.8% from the July 30th total of 67,281 shares. Based on an average trading volume of 330,359 shares, the days-to-cover ratio is currently 0.3 days.
Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.1%
WIW stock traded up $0.01 during midday trading on Tuesday, reaching $8.31. 137,010 shares of the stock were exchanged, compared to its average volume of 256,744. Western Asset Inflation-Linked Opportunities & Income Fund has a 52 week low of $8.25 and a 52 week high of $9.03. The company has a fifty day moving average price of $8.35 and a 200 day moving average price of $8.47.
Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund
A number of hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the second quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock valued at $505,000 after buying an additional 2,804 shares during the period. Invesco Ltd. boosted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 0.8% during the 2nd quarter. Invesco Ltd. now owns 994,948 shares of the investment management company’s stock worth $8,716,000 after buying an additional 7,860 shares during the period. First Trust Advisors LP boosted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 26.4% during the 2nd quarter. First Trust Advisors LP now owns 203,176 shares of the investment management company’s stock worth $1,780,000 after buying an additional 42,474 shares during the period. Walleye Capital LLC bought a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 2nd quarter worth approximately $126,000. Finally, Raymond James Financial Inc. grew its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 15.5% during the 2nd quarter. Raymond James Financial Inc. now owns 184,419 shares of the investment management company’s stock worth $1,616,000 after acquiring an additional 24,749 shares during the last quarter.
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.
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