Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Down 72.5% in February

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 30,900 shares, a decrease of 72.5% from the February 13th total of 112,200 shares. Based on an average trading volume of 229,400 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. PFG Investments LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 216.2% in the fourth quarter. PFG Investments LLC now owns 73,128 shares of the investment management company’s stock valued at $605,000 after acquiring an additional 50,003 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 4.9% during the fourth quarter. Park Avenue Securities LLC now owns 173,622 shares of the investment management company’s stock worth $1,436,000 after purchasing an additional 8,124 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at about $98,000. Integrated Capital Management Inc. boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.7% in the 4th quarter. Integrated Capital Management Inc. now owns 32,338 shares of the investment management company’s stock valued at $267,000 after purchasing an additional 2,043 shares during the period. Finally, Virtu Financial LLC purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth approximately $141,000.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

Shares of NYSE WIW opened at $8.75 on Friday. The stock’s 50-day simple moving average is $8.60 and its 200-day simple moving average is $8.62. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.21 and a fifty-two week high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.75 annualized dividend and a dividend yield of 8.57%.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.