Western Asset Bond ETF (NASDAQ:WABF) Short Interest Up 17.9% in October

Western Asset Bond ETF (NASDAQ:WABF) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 4,600 shares, a growth of 17.9% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 1.0 days.

Western Asset Bond ETF Stock Up 0.1 %

Shares of NASDAQ:WABF opened at $25.36 on Friday. The business has a 50-day moving average of $26.00 and a two-hundred day moving average of $25.72. Western Asset Bond ETF has a fifty-two week low of $24.76 and a fifty-two week high of $26.64.

Western Asset Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1196 per share. This represents a $1.44 annualized dividend and a yield of 5.66%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Investors Weigh In On Western Asset Bond ETF

An institutional investor recently bought a new position in Western Asset Bond ETF stock. Encompass More Asset Management bought a new position in Western Asset Bond ETF (NASDAQ:WABF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 27,549 shares of the company’s stock, valued at approximately $728,000. Encompass More Asset Management owned about 1.72% of Western Asset Bond ETF at the end of the most recent quarter.

About Western Asset Bond ETF

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.