Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Update

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 0.0 days.

Western Asset Short Duration Income ETF Trading Up 0.2 %

Shares of Western Asset Short Duration Income ETF stock opened at $24.08 on Friday. Western Asset Short Duration Income ETF has a 52 week low of $23.57 and a 52 week high of $24.37. The company’s 50-day moving average price is $24.12 and its two-hundred day moving average price is $24.04.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.098 dividend. The ex-dividend date was Friday, November 1st. This represents a $1.18 dividend on an annualized basis and a yield of 4.88%. This is a boost from Western Asset Short Duration Income ETF’s previous monthly dividend of $0.09.

Institutional Trading of Western Asset Short Duration Income ETF

An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Encompass More Asset Management purchased a new stake in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 80,536 shares of the company’s stock, valued at approximately $1,961,000. Encompass More Asset Management owned 16.11% of Western Asset Short Duration Income ETF at the end of the most recent reporting period.

Western Asset Short Duration Income ETF Company Profile

The Western Asset Short Duration Income ETF (WINC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of USD-denominated, short-term corporate debt securities issued by US or foreign entities. WINC was launched on Feb 7, 2019 and is managed by Franklin Templeton.