Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 50.0% in February

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a decrease of 50.0% from the February 13th total of 600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Western Asset Short Duration Income ETF

Several hedge funds have recently added to or reduced their stakes in WINC. Jane Street Group LLC increased its holdings in shares of Western Asset Short Duration Income ETF by 13.3% during the fourth 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. Citadel Advisors LLC grew its position 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 buying an additional 21,905 shares in the last quarter. Encompass More Asset Management bought a new position in Western Asset Short Duration Income ETF in the 3rd quarter valued at about $1,961,000. Finally, LPL Financial LLC increased its stake in 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 valued at $2,255,000 after buying an additional 1,506 shares during the period.

Western Asset Short Duration Income ETF Stock Performance

NASDAQ WINC opened at $24.13 on Friday. The company has a 50-day moving average price of $24.08 and a two-hundred day moving average price of $24.10. Western Asset Short Duration Income ETF has a 52 week low of $23.65 and a 52 week high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.096 dividend. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 3rd.

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.