Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Update

Posted by Mark Dietrich on Nov 15th, 2024

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a decrease of 50.0% from the October 15th total of 400 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On 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 Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 8,731 shares of the company’s stock, valued at approximately $208,000. Financial Advocates Investment Management owned about 1.75% of Western Asset Short Duration Income ETF as of its most recent filing with the SEC.

Western Asset Short Duration Income ETF Trading Down 0.1 %

NASDAQ:WINC opened at $23.98 on Friday. The stock has a 50-day moving average price of $24.16 and a 200 day moving average price of $24.02. Western Asset Short Duration Income ETF has a 12-month low of $23.41 and a 12-month high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.098 per share. This is a positive change from Western Asset Short Duration Income ETF’s previous monthly dividend of $0.09. This represents a $1.18 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date was Friday, November 1st.

Western Asset Short Duration Income ETF Company Profile

(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.