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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 5,712 shares, an increase of 126.8% from the February 26th total of 2,519 shares. Based on an average trading volume of 67,415 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Dakota Wealth Management lifted its position in shares of Western Asset Inflation-Linked Income Fund by 1.3% during the 4th quarter. Dakota Wealth Management now owns 102,793 shares of the financial services provider’s stock valued at $850,000 after acquiring an additional 1,350 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Western Asset Inflation-Linked Income Fund by 4.9% in the 4th quarter. LPL Financial LLC now owns 34,960 shares of the financial services provider’s stock worth $289,000 after acquiring an additional 1,631 shares during the last quarter. Uhlmann Price Securities LLC raised its position 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 worth $154,000 after purchasing an additional 1,933 shares during the period. Aviance Capital Partners LLC raised its position in shares of Western Asset Inflation-Linked Income Fund by 3.1% during the fourth quarter. Aviance Capital Partners LLC now owns 68,300 shares of the financial services provider’s stock worth $565,000 after purchasing an additional 2,084 shares during the period. Finally, Fiera Capital Corp lifted its holdings in shares of Western Asset Inflation-Linked Income Fund by 0.9% during the third quarter. Fiera Capital Corp now owns 238,114 shares of the financial services provider’s stock valued at $2,005,000 after purchasing an additional 2,175 shares during the last quarter.

Western Asset Inflation-Linked Income Fund Stock Performance

NYSE:WIA opened at $7.97 on Friday. Western Asset Inflation-Linked Income Fund has a twelve month low of $7.95 and a twelve month high of $8.54. The company has a 50-day moving average of $8.22 and a 200-day moving average of $8.31.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be paid a dividend of $0.052 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) annualized dividend and a yield of 7.8%.

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.