Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Update

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIWGet Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 47,336 shares, a growth of 181.0% from the June 30th total of 16,847 shares. Based on an average trading volume of 242,192 shares, the days-to-cover ratio is presently 0.2 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

NYSE:WIW traded down $0.01 on Monday, hitting $8.28. 195,069 shares of the stock were exchanged, compared to its average volume of 257,847. The stock has a fifty day moving average of $8.41 and a 200-day moving average of $8.52. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.26 and a fifty-two week high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.0625 per share. The ex-dividend date is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%.

Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. First Trust Advisors LP lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% during 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 buying an additional 31,198 shares in the last quarter. PVG Asset Management Corp acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the first quarter worth $461,000. Concorde Asset Management LLC increased its position in shares of 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 acquiring an additional 12,800 shares in the last quarter. Fifth Third Bancorp purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 1st quarter valued at $444,000. Finally, NWF Advisory Services Inc. raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.2% in the 1st quarter. NWF Advisory Services Inc. now owns 156,450 shares of the investment management company’s stock valued at $1,324,000 after acquiring an additional 4,800 shares during the period.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Western Asset Inflation-Linked Opportunities & Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Inflation-Linked Opportunities & Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.