Short Interest in Western Asset Short Duration Income ETF (NASDAQ:WINC) Expands By 187.5%

Posted by Stacy Sanders on Dec 28th, 2024

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,300 shares, an increase of 187.5% from the November 30th total of 800 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Western Asset Short Duration Income ETF

An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Financial Advocates Investment Management purchased a new stake in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 8,731 shares of the company’s stock, valued at approximately $208,000. Financial Advocates Investment Management owned 1.75% of Western Asset Short Duration Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Western Asset Short Duration Income ETF Price Performance

Shares of NASDAQ:WINC opened at $23.91 on Friday. The company’s fifty day moving average is $24.03 and its two-hundred day moving average is $24.06. Western Asset Short Duration Income ETF has a 1-year low of $23.65 and a 1-year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.114 per share. The ex-dividend date of this dividend is Thursday, December 26th. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.09.

Western Asset Short Duration Income ETF Company Profile

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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.