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

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

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the second quarter worth about $39,000. Capital Investment Advisors LLC lifted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 24.2% during the 3rd quarter. Capital Investment Advisors LLC now owns 14,154 shares of the investment management company’s stock valued at $111,000 after buying an additional 2,760 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% during 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 valued at $193,000 after buying an additional 1,766 shares in the last quarter. Susquehanna International Group LLP boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 73.3% in the 2nd quarter. Susquehanna International Group LLP now owns 25,619 shares of the investment management company’s stock worth $215,000 after buying an additional 10,837 shares during the period. Finally, Readystate Asset Management LP bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 2nd quarter worth approximately $365,000.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of WIW traded up $0.03 during mid-day trading on Friday, hitting $7.97. The stock had a trading volume of 301,911 shares, compared to its average volume of 275,472. The business has a fifty day moving average price of $8.07 and a 200-day moving average price of $8.39. Western Asset Inflation-Linked Opportunities & Income Fund has a 52 week low of $7.83 and a 52 week high of $8.93.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

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

About Western Asset Inflation-Linked Opportunities & Income Fund

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.