Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Up 187.5% in December

Posted by Ethan Ryder on Dec 29th, 2024

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the target of a large 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 trading volume, of 2,200 shares, the short-interest ratio is presently 1.0 days.

Western Asset Short Duration Income ETF Stock Up 0.1 %

NASDAQ:WINC opened at $23.91 on Friday. The stock has a 50 day moving average of $24.03 and a 200-day moving average of $24.06. Western Asset Short Duration Income ETF has a 52 week low of $23.65 and a 52 week high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

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

Institutional Trading of Western Asset Short Duration Income ETF

A hedge fund recently bought a new stake 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 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.