Short Interest in Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Rises By 181.0%

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIWGet Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 47,336 shares, an increase of 181.0% from the June 30th total of 16,847 shares. Based on an average daily trading volume, of 242,192 shares, the days-to-cover ratio is currently 0.2 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of NYSE:WIW opened at $8.29 on Wednesday. The company has a fifty day simple moving average of $8.41 and a 200 day simple moving average of $8.52. Western Asset Inflation-Linked Opportunities & Income Fund has a 12-month low of $8.26 and a 12-month high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a $0.0625 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 9.1%.

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

Several large investors have recently modified their holdings of the stock. Turim 21 Investimentos Ltda. acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the third quarter valued at approximately $50,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock worth $193,000 after acquiring an additional 1,766 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 115,200 shares of the investment management company’s stock valued at $968,000 after acquiring an additional 6,839 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% in the 1st quarter. First Trust Advisors LP now owns 353,195 shares of the investment management company’s stock valued at $2,988,000 after acquiring an additional 31,198 shares during the last quarter. Finally, PVG Asset Management Corp bought a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 1st quarter valued at approximately $461,000.

About Western Asset Inflation-Linked Opportunities & Income Fund

(Get Free Report)

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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