Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 88,966 shares, a growth of 60.6% from the May 14th total of 55,388 shares. Based on an average daily volume of 235,075 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the company. PVG Asset Management Corp bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth $461,000. Concorde Asset Management LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 23.2% in the first quarter. Concorde Asset Management LLC now owns 68,050 shares of the investment management company’s stock worth $576,000 after purchasing an additional 12,800 shares during the period. Bank of America Corp DE lifted its position in 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 purchasing an additional 26,325 shares during the period. Quantinno Capital Management LP bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth $561,000. Finally, First Trust Advisors LP lifted its position 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 worth $2,988,000 after purchasing an additional 31,198 shares during the period.
Western Asset Inflation-Linked Opportunities & Income Fund Price Performance
Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock opened at $8.47 on Wednesday. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.33 and a fifty-two week high of $9.03. The firm has a fifty day moving average price of $8.51 and a two-hundred day moving average price of $8.58.
Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement
About Western Asset Inflation-Linked Opportunities & Income Fund
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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