Short Interest in Western Asset Inflation-Linked Income Fund (NYSE:WIA) Declines By 74.8%

Western Asset Inflation-Linked Income Fund (NYSE:WIAGet Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 6,800 shares, a drop of 74.8% from the September 15th total of 27,000 shares. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 46,700 shares, the days-to-cover ratio is currently 0.1 days.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of WIA stock opened at $8.47 on Friday. Western Asset Inflation-Linked Income Fund has a 1 year low of $7.93 and a 1 year high of $8.52. The business’s fifty day moving average is $8.41 and its 200-day moving average is $8.31.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Thursday, November 20th will be given a dividend of $0.052 per share. The ex-dividend date is Thursday, November 20th. This represents a c) annualized dividend and a dividend yield of 7.4%.

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

Several hedge funds have recently modified their holdings of the company. Karpus Management Inc. increased its position in shares of Western Asset Inflation-Linked Income Fund by 3.5% during the 2nd quarter. Karpus Management Inc. now owns 8,077,278 shares of the financial services provider’s stock valued at $67,849,000 after purchasing an additional 271,923 shares during the period. Guggenheim Capital LLC increased its position in shares of Western Asset Inflation-Linked Income Fund by 23.3% during the 2nd quarter. Guggenheim Capital LLC now owns 527,399 shares of the financial services provider’s stock valued at $4,430,000 after purchasing an additional 99,574 shares during the period. Aviance Capital Partners LLC increased its position in shares of Western Asset Inflation-Linked Income Fund by 15.0% during the 2nd quarter. Aviance Capital Partners LLC now owns 62,962 shares of the financial services provider’s stock valued at $529,000 after purchasing an additional 8,198 shares during the period. RHS Financial LLC increased its position in shares of Western Asset Inflation-Linked Income Fund by 3.1% during the 2nd quarter. RHS Financial LLC now owns 183,706 shares of the financial services provider’s stock valued at $1,543,000 after purchasing an additional 5,566 shares during the period. Finally, PFG Investments LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund in the 2nd quarter worth $202,000.

About Western Asset Inflation-Linked Income Fund

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Western Asset Inflation-Linked Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Inflation-Linked Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.