Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Short Interest Declines 53.1%

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 45,151 shares, a drop of 53.1% from the September 30th total of 96,201 shares. Based on an average trading volume of 371,125 shares, the short-interest ratio is currently 0.1 days.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

Shares of NYSE WIW traded up $0.03 during mid-day trading on Friday, hitting $7.97. The company had a trading volume of 301,911 shares, compared to its average volume of 275,472. Western Asset Inflation-Linked Opportunities & Income Fund has a 1 year low of $7.83 and a 1 year high of $8.93. The stock’s 50-day moving average price is $8.07 and its 200-day moving average price is $8.39.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be issued a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date of this dividend is Friday, November 20th.

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

Large investors have recently modified their holdings of the company. Capital Investment Advisors LLC increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 24.2% in the third quarter. Capital Investment Advisors LLC now owns 14,154 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 2,760 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter valued at about $39,000. Baird Financial Group Inc. raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.6% during the second quarter. Baird Financial Group Inc. now owns 576,774 shares of the investment management company’s stock valued at $4,845,000 after acquiring an additional 19,989 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 0.3% during the second quarter. HighTower Advisors LLC now owns 491,394 shares of the investment management company’s stock worth $4,128,000 after purchasing an additional 1,336 shares during the period. Finally, Readystate Asset Management LP purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter worth about $365,000.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset Inflation-Linked Opportunities & Income Fund, Inc (NYSE: WIW) is a closed-end investment fund managed by Western Asset Management Company, an affiliate of Franklin Templeton. The fund seeks to provide current income and preserve purchasing power by investing primarily in inflation-linked securities.

The fund’s portfolio may include U.S. Treasury inflation-protected securities (TIPS), securities issued by other governments and government-related entities, and corporate or other fixed-income investments with inflation-linked characteristics.