Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Up 894.4% in April

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 17,900 shares, an increase of 894.4% from the March 31st total of 1,800 shares. Based on an average trading volume of 32,400 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of hedge funds have recently bought and sold shares of WIA. Alpine Global Management LLC boosted its position in Western Asset Inflation-Linked Income Fund by 719.7% in the 4th quarter. Alpine Global Management LLC now owns 200,000 shares of the financial services provider’s stock valued at $1,600,000 after buying an additional 175,600 shares during the period. Raymond James Financial Inc. purchased a new position in Western Asset Inflation-Linked Income Fund in the 4th quarter valued at approximately $244,000. CF Capital LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the fourth quarter valued at about $1,760,000. Wells Fargo & Company MN raised its position in shares of Western Asset Inflation-Linked Income Fund by 15.6% during the 4th quarter. Wells Fargo & Company MN now owns 84,813 shares of the financial services provider’s stock worth $679,000 after purchasing an additional 11,419 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 102.4% during the fourth quarter. Guggenheim Capital LLC now owns 281,181 shares of the financial services provider’s stock valued at $2,249,000 after acquiring an additional 142,231 shares during the last quarter.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Income Fund stock opened at $8.24 on Monday. Western Asset Inflation-Linked Income Fund has a twelve month low of $7.88 and a twelve month high of $8.61. The business has a 50-day moving average price of $8.22 and a 200 day moving average price of $8.20.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.052 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 7.47%.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.