Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Short Interest Up 60.6% in May

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 88,966 shares, a growth of 60.6% from the May 14th total of 55,388 shares. Based on an average trading volume of 235,075 shares, the short-interest ratio is presently 0.4 days.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

Shares of WIW traded up $0.01 during trading hours on Tuesday, hitting $8.48. The stock had a trading volume of 187,344 shares, compared to its average volume of 239,024. Western Asset Inflation-Linked Opportunities & Income Fund has a 12 month low of $8.33 and a 12 month high of $9.03. The stock has a fifty day moving average price of $8.51 and a 200 day moving average price of $8.58.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors 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) annualized dividend and a dividend yield of 8.8%.

Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund

Several hedge funds have recently bought and sold shares of the stock. Turim 21 Investimentos Ltda. purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the third quarter valued at about $50,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter worth about $56,000. Kestra Advisory Services LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter worth about $64,000. Advisory Services Network LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the third quarter worth about $68,000. Finally, XTX Topco Ltd purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter valued at approximately $101,000.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

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.