Short Interest in Western Asset Inflation-Linked Income Fund (NYSE:WIA) Rises By 155.3%

Western Asset Inflation-Linked Income Fund (NYSE:WIA) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 111,353 shares, an increase of 155.3% from the June 15th total of 43,611 shares. Based on an average trading volume of 36,387 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. &PARTNERS bought a new stake in Western Asset Inflation-Linked Income Fund during the 4th quarter valued at $85,000. Elevation Point Wealth Partners LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund in the third quarter worth $138,000. LPL Financial LLC grew its position in shares of Western Asset Inflation-Linked Income Fund by 4.9% in the fourth quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock valued at $289,000 after purchasing an additional 1,631 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of Western Asset Inflation-Linked Income Fund by 32.1% during the 4th quarter. Osaic Holdings Inc. now owns 44,467 shares of the financial services provider’s stock valued at $368,000 after purchasing an additional 10,813 shares during the period. Finally, Alpine Global Management LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at $458,000.

Western Asset Inflation-Linked Income Fund Price Performance

NYSE WIA traded up $0.01 during trading on Thursday, hitting $8.07. 1,290 shares of the company’s stock traded hands, compared to its average volume of 43,775. Western Asset Inflation-Linked Income Fund has a 12-month low of $7.95 and a 12-month high of $8.54. The business has a 50 day moving average of $8.11 and a 200-day moving average of $8.17.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a $0.052 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 7.7%.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.