Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Down 67.9% in June

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 16,847 shares, a drop of 67.9% from the June 15th total of 52,518 shares. Based on an average daily volume of 508,169 shares, the days-to-cover ratio is currently 0.0 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.1%

WIW stock traded down $0.01 during trading on Friday, reaching $8.39. The company had a trading volume of 270,774 shares, compared to its average volume of 262,231. The firm has a 50-day simple moving average of $8.45 and a 200-day simple moving average of $8.54. Western Asset Inflation-Linked Opportunities & Income Fund has a twelve month low of $8.29 and a twelve month high of $9.03.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%.

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

A number of large investors have recently made changes to their positions in WIW. Cetera Investment Advisers increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock valued at $505,000 after acquiring an additional 2,804 shares during the period. Invesco Ltd. lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 0.8% during the 2nd quarter. Invesco Ltd. now owns 994,948 shares of the investment management company’s stock worth $8,716,000 after acquiring an additional 7,860 shares during the period. First Trust Advisors LP grew its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 26.4% during the 2nd quarter. First Trust Advisors LP now owns 203,176 shares of the investment management company’s stock valued at $1,780,000 after purchasing an additional 42,474 shares during the last quarter. Walleye Capital LLC purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 2nd quarter valued at about $126,000. Finally, Raymond James Financial Inc. increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 15.5% in the second quarter. Raymond James Financial Inc. now owns 184,419 shares of the investment management company’s stock valued at $1,616,000 after purchasing an additional 24,749 shares during the period.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.