Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Down 67.9% in June

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 16,847 shares, a drop of 67.9% from the June 15th total of 52,518 shares. Based on an average trading volume of 508,169 shares, the short-interest ratio is presently 0.0 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.1%

WIW stock traded down $0.01 during trading on Friday, hitting $8.39. 270,774 shares of the company traded hands, compared to its average volume of 262,231. Western Asset Inflation-Linked Opportunities & Income Fund has a 1 year low of $8.29 and a 1 year high of $9.03. The stock’s 50-day simple moving average is $8.45 and its 200 day simple moving average is $8.54.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.0625 per share. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Monday, August 24th.

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

Large investors have recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock worth $193,000 after buying an additional 1,766 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.3% in the second quarter. Dynamic Advisor Solutions LLC now owns 115,200 shares of the investment management company’s stock worth $968,000 after acquiring an additional 6,839 shares during the period. PVG Asset Management Corp purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 1st quarter worth about $461,000. Concorde Asset Management LLC boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 23.2% during the 1st quarter. Concorde Asset Management LLC now owns 68,050 shares of the investment management company’s stock worth $576,000 after acquiring an additional 12,800 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% during the 1st quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock valued at $6,582,000 after acquiring an additional 26,325 shares during the period.

About Western Asset Inflation-Linked Opportunities & Income Fund

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.