Western Asset Bond ETF (NASDAQ:WABF) Sees Large Increase in Short Interest

Western Asset Bond ETF (NASDAQ:WABF) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 28,300 shares, a growth of 272.4% from the November 30th total of 7,600 shares. Based on an average trading volume of 4,300 shares, the days-to-cover ratio is currently 6.6 days.

Western Asset Bond ETF Trading Up 0.0 %

Shares of NASDAQ:WABF opened at $24.84 on Friday. Western Asset Bond ETF has a 1 year low of $24.78 and a 1 year high of $26.64. The firm’s 50-day moving average is $25.44 and its two-hundred day moving average is $25.76.

Western Asset Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 18th. Investors of record on Friday, December 13th were paid a dividend of $0.3373 per share. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On Western Asset Bond ETF

A hedge fund recently bought a new stake in Western Asset Bond ETF stock. Encompass More Asset Management bought a new stake in Western Asset Bond ETF (NASDAQ:WABF) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 27,549 shares of the company’s stock, valued at approximately $728,000. Encompass More Asset Management owned approximately 1.72% of Western Asset Bond ETF as of its most recent SEC filing.

Western Asset Bond ETF Company Profile

The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities.