Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Sees Large Decrease in Short Interest

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 55,388 shares, a drop of 36.4% from the April 30th total of 87,057 shares. Based on an average trading volume of 209,700 shares, the days-to-cover ratio is currently 0.3 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WIW. Turim 21 Investimentos Ltda. purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth about $50,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter worth about $56,000. Kestra Advisory Services LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter worth about $64,000. Advisory Services Network LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth about $68,000. Finally, XTX Topco Ltd purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter worth about $101,000.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock opened at $8.56 on Wednesday. Western Asset Inflation-Linked Opportunities & Income Fund has a 52-week low of $8.33 and a 52-week high of $9.03. The stock’s 50-day simple moving average is $8.50 and its 200 day simple moving average is $8.60.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be paid a $0.0625 dividend. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Monday, August 24th.

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.