Western Asset Short Duration Income ETF (NASDAQ:WINC) Sees Large Increase in Short Interest

Posted by Jeff Wilder on Feb 13th, 2025

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 900 shares, a growth of 200.0% from the January 15th total of 300 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is presently 0.3 days.

Western Asset Short Duration Income ETF Price Performance

WINC stock opened at $24.01 on Thursday. The stock has a 50-day moving average price of $24.02 and a two-hundred day moving average price of $24.10. Western Asset Short Duration Income ETF has a 12-month low of $23.65 and a 12-month high of $24.37.

Western Asset Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.08 per share. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Encompass More Asset Management acquired a new position in Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,536 shares of the company’s stock, valued at approximately $1,961,000. Encompass More Asset Management owned approximately 16.11% of Western Asset Short Duration Income ETF as of its most recent SEC filing.

About Western Asset Short Duration Income ETF

(Get Free Report)

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.