Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 16,847 shares, a decrease of 67.9% from the June 15th total of 52,518 shares. Based on an average trading volume of 508,169 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock worth $193,000 after buying an additional 1,766 shares during the period. Comerica Bank raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% during the fourth quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock valued at $454,000 after acquiring an additional 2,563 shares during the period. Cetera Investment Advisers lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the second 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 in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 106,945 shares of the investment management company’s stock valued at $919,000 after acquiring an additional 3,512 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.9% in the third quarter. Envestnet Asset Management Inc. now owns 56,494 shares of the investment management company’s stock worth $502,000 after acquiring an additional 3,629 shares during the period.
Western Asset Inflation-Linked Opportunities & Income Fund Price Performance
NYSE WIW traded up $0.01 on Tuesday, reaching $8.38. 119,413 shares of the stock were exchanged, compared to its average volume of 261,852. Western Asset Inflation-Linked Opportunities & Income Fund has a one year low of $8.29 and a one year high of $9.03. The company’s 50-day simple moving average is $8.44 and its two-hundred day simple moving average is $8.53.
Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend
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.
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