Short Interest in Western Asset Inflation-Linked Income Fund (NYSE:WIA) Decreases By 96.3%

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 2,519 shares, a decrease of 96.3% from the February 12th total of 68,917 shares. Based on an average daily volume of 99,282 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 99,282 shares, the days-to-cover ratio is presently 0.0 days.

Western Asset Inflation-Linked Income Fund Trading Up 0.6%

Shares of Western Asset Inflation-Linked Income Fund stock traded up $0.05 during mid-day trading on Thursday, reaching $8.16. 2,419 shares of the stock were exchanged, compared to its average volume of 46,560. Western Asset Inflation-Linked Income Fund has a fifty-two week low of $8.02 and a fifty-two week high of $8.54. The firm has a 50-day simple moving average of $8.27 and a 200 day simple moving average of $8.34.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be paid a $0.052 dividend. The ex-dividend date is Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

A number of large investors have recently bought and sold shares of WIA. PenderFund Capital Management Ltd. raised its position in Western Asset Inflation-Linked Income Fund by 8.1% in the 4th quarter. PenderFund Capital Management Ltd. now owns 96,300 shares of the financial services provider’s stock valued at $794,000 after purchasing an additional 7,200 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Western Asset Inflation-Linked Income Fund by 32.1% during the fourth quarter. Osaic Holdings Inc. now owns 44,467 shares of the financial services provider’s stock worth $368,000 after purchasing an additional 10,813 shares during the last quarter. &PARTNERS acquired a new stake in shares of Western Asset Inflation-Linked Income Fund in the fourth quarter valued at $85,000. Elevation Point Wealth Partners LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 36.7% in the fourth quarter. Elevation Point Wealth Partners LLC now owns 22,350 shares of the financial services provider’s stock valued at $185,000 after buying an additional 6,000 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Western Asset Inflation-Linked Income Fund by 4.9% in the fourth quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock valued at $289,000 after buying an additional 1,631 shares during the last quarter.

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.