Western Asset Inflation-Linked Income Fund (NYSE:WIA) Sees Significant Growth in Short Interest

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 68,917 shares, an increase of 39.6% from the January 29th total of 49,351 shares. Based on an average daily volume of 29,142 shares, the short-interest ratio is presently 2.4 days. Based on an average daily volume of 29,142 shares, the short-interest ratio is presently 2.4 days.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of institutional investors have recently modified their holdings of WIA. Dakota Wealth Management boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 1.3% during the 4th quarter. Dakota Wealth Management now owns 102,793 shares of the financial services provider’s stock worth $850,000 after buying an additional 1,350 shares during the last quarter. Rock Point Advisors LLC boosted its position in Western Asset Inflation-Linked Income Fund by 6.5% during the fourth quarter. Rock Point Advisors LLC now owns 58,968 shares of the financial services provider’s stock valued at $488,000 after purchasing an additional 3,583 shares during the last quarter. Wakefield Asset Management LLLP grew its stake in Western Asset Inflation-Linked Income Fund by 176.3% in the fourth quarter. Wakefield Asset Management LLLP now owns 316,360 shares of the financial services provider’s stock valued at $2,616,000 after purchasing an additional 201,873 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of Western Asset Inflation-Linked Income Fund by 3.1% during the 4th quarter. Aviance Capital Partners LLC now owns 68,300 shares of the financial services provider’s stock worth $565,000 after purchasing an additional 2,084 shares during the last quarter. Finally, PenderFund Capital Management Ltd. raised its stake in shares of Western Asset Inflation-Linked Income Fund by 8.1% during the 4th quarter. PenderFund Capital Management Ltd. now owns 96,300 shares of the financial services provider’s stock worth $794,000 after purchasing an additional 7,200 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of NYSE WIA opened at $8.28 on Monday. Western Asset Inflation-Linked Income Fund has a 52-week low of $8.02 and a 52-week high of $8.54. The firm has a 50 day moving average price of $8.28 and a 200 day moving average price of $8.35.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be issued a dividend of $0.052 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Thursday, May 21st.

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.