Short Interest in Western Asset Inflation-Linked Income Fund (NYSE:WIA) Increases By 126.8%

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 5,712 shares, a growth of 126.8% from the February 26th total of 2,519 shares. Based on an average daily trading volume, of 67,415 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the third quarter worth approximately $59,000. &PARTNERS purchased a new position in shares of Western Asset Inflation-Linked Income Fund during the fourth quarter valued at approximately $85,000. Readystate Asset Management LP bought a new stake in Western Asset Inflation-Linked Income Fund during the third quarter worth $115,000. Elevation Point Wealth Partners LLC bought a new stake in Western Asset Inflation-Linked Income Fund during the third quarter worth $138,000. Finally, Uhlmann Price Securities LLC raised its position in Western Asset Inflation-Linked Income Fund by 11.8% in the 3rd quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock valued at $154,000 after buying an additional 1,933 shares during the last quarter.

Western Asset Inflation-Linked Income Fund Price Performance

Shares of WIA traded down $0.01 during trading hours on Thursday, reaching $7.99. The stock had a trading volume of 23,462 shares, compared to its average volume of 47,586. The firm has a 50-day simple moving average of $8.24 and a 200 day simple moving average of $8.31. Western Asset Inflation-Linked Income Fund has a 12 month low of $7.97 and a 12 month high of $8.54.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be given a $0.052 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a yield of 7.8%.

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.