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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a large increase in short interest in 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 short-interest ratio is presently 3.1 days.

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

Several hedge funds have recently bought and sold shares of WIA. &PARTNERS purchased a new stake in Western Asset Inflation-Linked Income Fund during the 4th quarter worth about $85,000. Elevation Point Wealth Partners LLC purchased a new stake in Western Asset Inflation-Linked Income Fund in the third quarter valued at $138,000. LPL Financial LLC lifted its holdings in shares of Western Asset Inflation-Linked Income Fund by 4.9% in the 4th 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 during the last quarter. Osaic Holdings Inc. lifted its stake in Western Asset Inflation-Linked Income Fund by 32.1% in the fourth quarter. Osaic Holdings Inc. now owns 44,467 shares of the financial services provider’s stock valued at $368,000 after buying an additional 10,813 shares during the last quarter. Finally, Alpine Global Management LLC acquired a new stake in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth $458,000.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Income Fund stock traded up $0.01 during mid-day trading on Wednesday, hitting $8.06. The stock had a trading volume of 52,896 shares, compared to its average volume of 44,095. The firm has a 50-day moving average of $8.11 and a two-hundred day moving average of $8.17. Western Asset Inflation-Linked Income Fund has a 12-month low of $7.95 and a 12-month high of $8.54.

Western Asset Inflation-Linked Income Fund Announces Dividend

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

About Western Asset Inflation-Linked Income Fund

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.