Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Update

Western Asset Inflation-Linked Income Fund (NYSE:WIA) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 16,253 shares, a growth of 71.1% from the August 31st total of 9,500 shares. Based on an average daily trading volume, of 34,793 shares, the short-interest ratio is currently 0.5 days.

Western Asset Inflation-Linked Income Fund Stock Performance

WIA opened at $7.64 on Friday. The company’s 50 day moving average is $7.88 and its 200-day moving average is $8.02. Western Asset Inflation-Linked Income Fund has a 1-year low of $7.45 and a 1-year high of $8.54.

Western Asset Inflation-Linked Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be issued a dividend of $0.0520 per share. The ex-dividend date is Friday, November 20th. This represents a $0.62 annualized dividend and a dividend yield of 8.2%.

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

Hedge funds have recently modified their holdings of the company. Baird Financial Group Inc. grew its stake in shares of Western Asset Inflation-Linked Income Fund by 0.7% in the 2nd quarter. Baird Financial Group Inc. now owns 489,169 shares of the financial services provider’s stock worth $3,977,000 after acquiring an additional 3,605 shares in the last quarter. Hara Capital LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the second quarter worth about $57,000. Private Advisor Group LLC grew its position in Western Asset Inflation-Linked Income Fund by 8.3% in the 1st quarter. Private Advisor Group LLC now owns 235,785 shares of the financial services provider’s stock worth $1,905,000 after purchasing an additional 18,012 shares in the last quarter. Corient Private Wealth LP purchased a new stake in Western Asset Inflation-Linked Income Fund in the 2nd quarter valued at about $247,000. Finally, Global Retirement Partners LLC purchased a new stake in Western Asset Inflation-Linked Income Fund in the 2nd quarter valued at about $280,000.

About Western Asset Inflation-Linked Income Fund

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end investment company managed by Western Asset Management Company. The fund seeks to provide current income and preserve purchasing power by investing primarily in inflation-linked fixed-income securities.

WIA invests in securities issued by the U.S. government and other sovereign governments, government agencies, corporations and related issuers. Its portfolio may include Treasury Inflation-Protected Securities (TIPS) and other bonds whose principal or interest payments are linked to changes in inflation, along with securities denominated in both U.S.