Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 47.8% in August

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 99,440 shares, a growth of 47.8% from the July 30th total of 67,281 shares. Based on an average trading volume of 330,359 shares, the days-to-cover ratio is currently 0.3 days.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

NYSE:WIW traded down $0.01 on Wednesday, reaching $8.28. The company’s stock had a trading volume of 155,511 shares, compared to its average volume of 256,361. Western Asset Inflation-Linked Opportunities & Income Fund has a 12-month low of $8.25 and a 12-month high of $9.03. The stock has a 50 day moving average price of $8.35 and a 200 day moving average price of $8.47.

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

Several hedge funds and other institutional investors have recently made changes to their positions in WIW. Turim 21 Investimentos Ltda. purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the third quarter valued at about $50,000. Northwestern Mutual Wealth Management Co. acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth $56,000. Kestra Advisory Services LLC acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth $64,000. Advisory Services Network LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the third quarter worth $68,000. Finally, XTX Topco Ltd purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth $101,000.

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.