Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 33.3% in February

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 600 shares, a decline of 33.3% from the January 31st total of 900 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Western Asset Short Duration Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. LPL Financial LLC increased its position in shares of Western Asset Short Duration Income ETF by 1.6% during the 4th quarter. LPL Financial LLC now owns 94,181 shares of the company’s stock worth $2,255,000 after purchasing an additional 1,506 shares during the last quarter. Jane Street Group LLC boosted its stake in Western Asset Short Duration Income ETF by 13.3% in the 4th quarter. Jane Street Group LLC now owns 15,031 shares of the company’s stock valued at $360,000 after purchasing an additional 1,760 shares during the period. Encompass More Asset Management boosted its stake in Western Asset Short Duration Income ETF by 12.6% in the 4th quarter. Encompass More Asset Management now owns 90,654 shares of the company’s stock valued at $2,170,000 after purchasing an additional 10,118 shares during the period. Finally, Citadel Advisors LLC boosted its stake in Western Asset Short Duration Income ETF by 128.8% in the 4th quarter. Citadel Advisors LLC now owns 38,910 shares of the company’s stock valued at $932,000 after purchasing an additional 21,905 shares during the period.

Western Asset Short Duration Income ETF Trading Down 0.4 %

NASDAQ:WINC opened at $24.14 on Tuesday. Western Asset Short Duration Income ETF has a fifty-two week low of $23.65 and a fifty-two week high of $24.37. The business’s 50-day simple moving average is $24.05 and its 200-day simple moving average is $24.10.

Western Asset Short Duration Income ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a $0.096 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.08.

About Western Asset Short Duration Income ETF

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.