Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 900 shares, an increase of 200.0% from the January 15th total of 300 shares. Based on an average daily trading volume, of 3,000 shares, the days-to-cover ratio is presently 0.3 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. Encompass More Asset Management bought a new stake in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 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 at the end of the most recent reporting period.
Western Asset Short Duration Income ETF Trading Down 0.2 %
Shares of NASDAQ:WINC opened at $24.01 on Thursday. The business’s 50-day simple moving average is $24.02 and its 200 day simple moving average is $24.10. Western Asset Short Duration Income ETF has a one year low of $23.65 and a one year high of $24.37.
Western Asset Short Duration Income ETF Cuts Dividend
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.
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