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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 38,077 shares, a growth of 414.7% from the December 15th total of 7,398 shares. Based on an average daily trading volume, of 68,506 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 68,506 shares, the days-to-cover ratio is presently 0.6 days.

Western Asset Inflation-Linked Income Fund Price Performance

Shares of NYSE WIA opened at $8.28 on Thursday. Western Asset Inflation-Linked Income Fund has a 1-year low of $8.00 and a 1-year high of $8.54. The business’s 50 day moving average is $8.30 and its two-hundred day moving average is $8.36.

Western Asset Inflation-Linked Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a dividend of $0.052 per share. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date is Friday, February 20th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Wolverine Asset Management LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth $59,000. Readystate Asset Management LP bought a new position in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter worth $115,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Western Asset Inflation-Linked Income Fund during the third quarter valued at $138,000. Uhlmann Price Securities LLC increased its stake in shares of Western Asset Inflation-Linked Income Fund by 11.8% during the third quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock valued at $154,000 after buying an additional 1,933 shares during the period. Finally, PFG Investments LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund in the second quarter valued at about $202,000.

About Western Asset Inflation-Linked Income Fund

Western Asset Inflation-Linked Income Fund (NYSE: WIA) is a closed-end management investment company that seeks to deliver a high level of current real income while preserving real capital. The fund strives to achieve its objective by investing primarily in inflation-linked debt securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, as well as inflation-linked bonds issued by supranational organizations and corporate issuers. By focusing on instruments that adjust principal and interest payments in line with inflation, WIA aims to protect investors’ purchasing power over time.

Since its initial public offering in December 2007, the fund has employed a flexible, research-driven approach to managing duration, sector allocation and credit exposure.