Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 112.9% in April

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIWGet Rating) saw a large increase in short interest in April. As of April 30th, there was short interest totalling 29,600 shares, an increase of 112.9% from the April 15th total of 13,900 shares. Based on an average daily volume of 135,100 shares, the short-interest ratio is presently 0.2 days.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Morgan Stanley grew its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 6.5% in the second quarter. Morgan Stanley now owns 2,203,120 shares of the investment management company’s stock worth $28,883,000 after purchasing an additional 135,038 shares during the period. Raymond James Financial Services Advisors Inc. bought a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at about $176,000. Citigroup Inc. grew its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 58.2% in the third quarter. Citigroup Inc. now owns 5,457 shares of the investment management company’s stock valued at $72,000 after acquiring an additional 2,008 shares during the period. Oxbow Advisors LLC grew its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 1.3% in the third quarter. Oxbow Advisors LLC now owns 127,495 shares of the investment management company’s stock valued at $1,694,000 after acquiring an additional 1,605 shares during the period. Finally, Sit Investment Associates Inc. increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 19.8% during the third quarter. Sit Investment Associates Inc. now owns 4,289,307 shares of the investment management company’s stock valued at $57,005,000 after acquiring an additional 709,708 shares in the last quarter.

Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock traded up $0.05 on Friday, reaching $10.54. 205,392 shares of the company’s stock were exchanged, compared to its average volume of 142,010. Western Asset Inflation-Linked Opportunities & Income Fund has a 52 week low of $10.49 and a 52 week high of $13.93. The firm’s 50-day moving average is $11.56 and its two-hundred day moving average is $12.50.

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 23rd will be given a dividend of $0.0485 per share. The ex-dividend date of this dividend is Friday, May 20th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 5.52%.

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

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.

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