Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 50.1% in October

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 146,900 shares, a growth of 50.1% from the October 15th total of 97,900 shares. Based on an average daily trading volume, of 230,500 shares, the days-to-cover ratio is presently 0.6 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kimelman & Baird LLC acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 2nd quarter valued at $27,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter worth about $47,000. International Assets Investment Management LLC increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 784.0% during the third quarter. International Assets Investment Management LLC now owns 5,304 shares of the investment management company’s stock worth $47,000 after purchasing an additional 4,704 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 2nd quarter valued at about $95,000. Finally, Hara Capital LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at about $95,000.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.6 %

Western Asset Inflation-Linked Opportunities & Income Fund stock traded down $0.05 during midday trading on Friday, reaching $8.55. The company’s stock had a trading volume of 501,205 shares, compared to its average volume of 220,129. The business has a 50-day simple moving average of $8.75 and a 200-day simple moving average of $8.64. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.35 and a fifty-two week high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a dividend of $0.0605 per share. This represents a $0.73 annualized dividend and a yield of 8.49%. The ex-dividend date of this dividend is Thursday, November 21st.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.