Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 50.1% in October

by · The Cerbat Gem

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 146,900 shares, a growth of 50.1% from the October 15th total of 97,900 shares. Based on an average daily trading volume, of 230,500 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Prevail Innovative Wealth Advisors LLC lifted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 10.3% during the second quarter. Prevail Innovative Wealth Advisors LLC now owns 83,031 shares of the investment management company’s stock valued at $707,000 after purchasing an additional 7,745 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 316.1% in the second quarter. Private Advisor Group LLC now owns 363,119 shares of the investment management company’s stock worth $3,090,000 after purchasing an additional 275,850 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter valued at $47,000. Raymond James & Associates lifted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 2.4% during the second quarter. Raymond James & Associates now owns 143,737 shares of the investment management company’s stock valued at $1,223,000 after purchasing an additional 3,306 shares in the last quarter. Finally, Wolverine Asset Management LLC boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 1.7% during the second quarter. Wolverine Asset Management LLC now owns 120,596 shares of the investment management company’s stock valued at $1,026,000 after buying an additional 2,034 shares during the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of NYSE:WIW traded down $0.05 during midday trading on Friday, hitting $8.55. 501,205 shares of the stock traded hands, compared to its average volume of 220,129. The business’s 50 day moving average is $8.75 and its two-hundred day moving average is $8.64. Western Asset Inflation-Linked Opportunities & Income Fund has a one year low of $8.35 and a one year high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.0605 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.73 dividend on an annualized basis and a dividend yield of 8.49%.

About Western Asset Inflation-Linked Opportunities & Income Fund

(Get Free Report)

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.

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