Western Asset Inflation-Linked Income Fund (NYSE:WIA) Sees Significant Increase in Short Interest

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 11,900 shares, a growth of 54.5% from the February 28th total of 7,700 shares. Based on an average daily trading volume, of 33,000 shares, the short-interest ratio is presently 0.4 days.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth approximately $244,000. CF Capital LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund during the fourth quarter valued at $1,760,000. Wells Fargo & Company MN boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 15.6% in the 4th quarter. Wells Fargo & Company MN now owns 84,813 shares of the financial services provider’s stock valued at $679,000 after purchasing an additional 11,419 shares in the last quarter. Alpine Global Management LLC increased its position in shares of Western Asset Inflation-Linked Income Fund by 719.7% during the 4th quarter. Alpine Global Management LLC now owns 200,000 shares of the financial services provider’s stock worth $1,600,000 after purchasing an additional 175,600 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its holdings in Western Asset Inflation-Linked Income Fund by 102.4% during the 4th quarter. Guggenheim Capital LLC now owns 281,181 shares of the financial services provider’s stock valued at $2,249,000 after purchasing an additional 142,231 shares during the last quarter.

Western Asset Inflation-Linked Income Fund Stock Performance

Shares of WIA stock opened at $8.35 on Tuesday. The firm has a fifty day moving average of $8.22 and a 200-day moving average of $8.24. Western Asset Inflation-Linked Income Fund has a 52-week low of $7.82 and a 52-week high of $8.61.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 25th were given a $0.052 dividend. This represents a yield of 7.47%. The ex-dividend date was Monday, March 24th.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.