Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Sees Large Increase in Short Interest

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

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

NYSE:WIW traded down $0.01 on Monday, reaching $8.28. The stock had a trading volume of 195,069 shares, compared to its average volume of 257,847. The firm’s fifty day moving average is $8.41 and its two-hundred day moving average is $8.52. Western Asset Inflation-Linked Opportunities & Income Fund has a 12-month low of $8.26 and a 12-month high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

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

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Turim 21 Investimentos Ltda. purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth $50,000. Northwestern Mutual Wealth Management Co. acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter valued at $56,000. Kestra Advisory Services LLC purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth about $64,000. Advisory Services Network LLC purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the third quarter worth about $68,000. Finally, XTX Topco Ltd acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the 4th quarter worth about $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.