Short Interest in Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Drops By 72.5%

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 30,900 shares, a decrease of 72.5% from the February 13th total of 112,200 shares. Based on an average trading volume of 229,400 shares, the days-to-cover ratio is presently 0.1 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.3 %

Shares of Western Asset Inflation-Linked Opportunities & Income Fund stock traded up $0.03 on Thursday, hitting $8.76. 148,634 shares of the company’s stock traded hands, compared to its average volume of 218,698. The company has a fifty day moving average of $8.58 and a two-hundred day moving average of $8.62. Western Asset Inflation-Linked Opportunities & Income Fund has a one year low of $8.21 and a one year high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a dividend yield of 8.57%. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pinnacle Wealth Planning Services Inc. bought a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter worth $86,000. Elequin Capital LP bought a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter worth about $135,000. CSS LLC IL boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 5.0% in the fourth quarter. CSS LLC IL now owns 50,627 shares of the investment management company’s stock valued at $419,000 after acquiring an additional 2,412 shares during the last quarter. Ionic Capital Management LLC grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 53.7% during the 4th quarter. Ionic Capital Management LLC now owns 129,740 shares of the investment management company’s stock valued at $1,073,000 after acquiring an additional 45,319 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 56.9% during the 4th quarter. Cetera Investment Advisers now owns 34,054 shares of the investment management company’s stock worth $282,000 after purchasing an additional 12,346 shares during the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

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.