Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Shorted: Short Interest Down 53.1% in October

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 45,151 shares, a decline of 53.1% from the September 30th total of 96,201 shares. Based on an average daily volume of 371,125 shares, the short-interest ratio is presently 0.1 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of WIW stock traded up $0.03 during trading on Friday, reaching $7.97. 301,911 shares of the company’s stock traded hands, compared to its average volume of 275,472. The firm’s 50-day moving average is $8.07 and its 200 day moving average is $8.39. Western Asset Inflation-Linked Opportunities & Income Fund has a 1 year low of $7.83 and a 1 year high of $8.93.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.75 dividend on an annualized basis and a yield of 9.4%.

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

A number of large investors have recently made changes to their positions in the stock. Readystate Asset Management LP bought a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter valued at about $365,000. Susquehanna International Group LLP lifted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 73.3% in the second quarter. Susquehanna International Group LLP now owns 25,619 shares of the investment management company’s stock worth $215,000 after buying an additional 10,837 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake 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 valued at $193,000 after acquiring an additional 1,766 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 6.3% during the 2nd 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. Finally, Bank of America Corp DE increased its holdings in 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 worth $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, Inc (NYSE: WIW) is a closed-end investment fund managed by Western Asset Management Company, an affiliate of Franklin Templeton. The fund seeks to provide current income and preserve purchasing power by investing primarily in inflation-linked securities.

The fund’s portfolio may include U.S. Treasury inflation-protected securities (TIPS), securities issued by other governments and government-related entities, and corporate or other fixed-income investments with inflation-linked characteristics.