Western Asset Inflation-Linked Income Fund (NYSE:WIA) Short Interest Up 818.2% in August

Western Asset Inflation-Linked Income Fund (NYSE:WIA) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 10,100 shares, a growth of 818.2% from the August 15th total of 1,100 shares. Based on an average trading volume of 28,700 shares, the days-to-cover ratio is currently 0.4 days.

Several hedge funds and other institutional investors have recently modified their holdings of WIA. Wakefield Asset Management LLLP grew its stake in Western Asset Inflation-Linked Income Fund by 2.0% during the 1st quarter. Wakefield Asset Management LLLP now owns 170,146 shares of the financial services provider’s stock worth $2,176,000 after buying an additional 3,287 shares during the last quarter. Fiera Capital Corp grew its stake in Western Asset Inflation-Linked Income Fund by 655.4% during the 1st quarter. Fiera Capital Corp now owns 77,848 shares of the financial services provider’s stock worth $996,000 after buying an additional 67,542 shares during the last quarter. UBS Group AG grew its stake in Western Asset Inflation-Linked Income Fund by 7.2% during the 1st quarter. UBS Group AG now owns 66,555 shares of the financial services provider’s stock worth $851,000 after buying an additional 4,468 shares during the last quarter. Baird Financial Group Inc. grew its stake in Western Asset Inflation-Linked Income Fund by 10.5% during the 1st quarter. Baird Financial Group Inc. now owns 250,011 shares of the financial services provider’s stock worth $3,198,000 after buying an additional 23,741 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its stake in Western Asset Inflation-Linked Income Fund by 2.8% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 66,215 shares of the financial services provider’s stock worth $847,000 after buying an additional 1,828 shares during the last quarter.

Shares of NYSE WIA opened at $13.96 on Wednesday. Western Asset Inflation-Linked Income Fund has a twelve month low of $12.04 and a twelve month high of $14.75. The business has a 50 day simple moving average of $14.03 and a 200-day simple moving average of $13.58.

About Western Asset Inflation-Linked Income Fund

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.

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