Short Interest in Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Declines By 41.0%

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 52,518 shares, a decrease of 41.0% from the May 31st total of 88,966 shares. Based on an average trading volume of 301,863 shares, the days-to-cover ratio is presently 0.2 days.

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

A number of institutional investors have recently added to or reduced their stakes in the company. PVG Asset Management Corp acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the first quarter valued at about $461,000. Concorde Asset Management LLC increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 23.2% during the first quarter. Concorde Asset Management LLC now owns 68,050 shares of the investment management company’s stock worth $576,000 after acquiring an additional 12,800 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% in the first quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock worth $6,582,000 after acquiring an additional 26,325 shares in the last quarter. Quantinno Capital Management LP acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth about $561,000. Finally, First Trust Advisors LP boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% in the first quarter. First Trust Advisors LP now owns 353,195 shares of the investment management company’s stock valued at $2,988,000 after purchasing an additional 31,198 shares during the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Down 0.5%

Shares of WIW traded down $0.04 during mid-day trading on Wednesday, reaching $8.36. 280,936 shares of the stock traded hands, compared to its average volume of 262,616. The stock has a fifty day simple moving average of $8.47 and a 200 day simple moving average of $8.55. Western Asset Inflation-Linked Opportunities & Income Fund has a 12-month low of $8.29 and a 12-month high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be issued a dividend of $0.0625 per share. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend is Monday, August 24th.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

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.