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

Western Asset Inflation-Linked Income Fund (NYSE:WIAGet Rating) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 5,000 shares, a drop of 38.3% from the April 15th total of 8,100 shares. Based on an average daily trading volume, of 36,700 shares, the days-to-cover ratio is presently 0.1 days.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BCK Partners Inc. purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the 1st quarter valued at $247,000. Baird Financial Group Inc. lifted its holdings in shares of Western Asset Inflation-Linked Income Fund by 7.0% in the 1st quarter. Baird Financial Group Inc. now owns 269,524 shares of the financial services provider’s stock valued at $3,153,000 after purchasing an additional 17,696 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Western Asset Inflation-Linked Income Fund by 6.5% in the 1st quarter. Raymond James & Associates now owns 21,548 shares of the financial services provider’s stock valued at $252,000 after purchasing an additional 1,308 shares during the last quarter. Hightower 6M Holding LLC purchased a new stake in Western Asset Inflation-Linked Income Fund during the 1st quarter valued at approximately $368,000. Finally, Fiera Capital Corp raised its stake in Western Asset Inflation-Linked Income Fund by 28.6% during the 1st quarter. Fiera Capital Corp now owns 138,191 shares of the financial services provider’s stock valued at $1,617,000 after acquiring an additional 30,719 shares during the last quarter.

Shares of NYSE:WIA remained flat at $$10.17 during trading on Friday. The stock had a trading volume of 111,910 shares, compared to its average volume of 39,250. Western Asset Inflation-Linked Income Fund has a 1 year low of $10.13 and a 1 year high of $14.78. The business’s 50-day moving average price is $11.30 and its 200-day moving average price is $12.47.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 31st. Shareholders of record on Monday, May 23rd will be issued a $0.039 dividend. This represents a $0.47 annualized dividend and a yield of 4.60%. The ex-dividend date is Friday, May 20th.

About Western Asset Inflation-Linked Income Fund (Get Rating)

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.

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