Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 50.1% in October

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 146,900 shares, an increase of 50.1% from the October 15th total of 97,900 shares. Based on an average trading volume of 230,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors have recently modified their holdings of WIW. Oppenheimer & Co. Inc. boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 109.2% in the first quarter. Oppenheimer & Co. Inc. now owns 27,400 shares of the investment management company’s stock valued at $236,000 after purchasing an additional 14,300 shares during the period. Prevail Innovative Wealth Advisors LLC grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 26.9% in the first quarter. Prevail Innovative Wealth Advisors LLC now owns 75,286 shares of the investment management company’s stock worth $650,000 after acquiring an additional 15,978 shares in the last quarter. Comerica Bank grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 10.9% in the first quarter. Comerica Bank now owns 46,608 shares of the investment management company’s stock worth $402,000 after acquiring an additional 4,586 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the first quarter worth $182,000. Finally, Kingswood Wealth Advisors LLC raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.7% in the second quarter. Kingswood Wealth Advisors LLC now owns 33,707 shares of the investment management company’s stock valued at $287,000 after acquiring an additional 1,828 shares in the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of WIW stock traded down $0.05 during trading hours on Friday, hitting $8.55. The company had a trading volume of 501,205 shares, compared to its average volume of 220,129. The company’s fifty day moving average is $8.75 and its 200 day moving average is $8.64. Western Asset Inflation-Linked Opportunities & Income Fund has a fifty-two week low of $8.35 and a fifty-two week high of $8.88.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.0605 per share. The ex-dividend date is Thursday, November 21st. This represents a $0.73 annualized dividend and a dividend yield of 8.49%.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

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.