Western Asset Diversified Income Fund (NYSE:WDI) Short Interest Update

Western Asset Diversified Income Fund (NYSE:WDI) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 100,100 shares, a decrease of 40.2% from the February 13th total of 167,400 shares. Based on an average trading volume of 206,600 shares, the short-interest ratio is currently 0.5 days.

Western Asset Diversified Income Fund Stock Up 0.6 %

WDI traded up $0.09 during trading hours on Friday, reaching $14.49. The company’s stock had a trading volume of 124,805 shares, compared to its average volume of 216,589. Western Asset Diversified Income Fund has a 52 week low of $13.75 and a 52 week high of $15.84. The company’s 50-day moving average is $14.85 and its 200-day moving average is $15.02.

Western Asset Diversified Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a $0.1485 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 12.30%. The ex-dividend date is Monday, March 24th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. bought a new position in Western Asset Diversified Income Fund during the 4th quarter worth $963,000. Elequin Capital LP bought a new position in Western Asset Diversified Income Fund during the 4th quarter worth $25,000. Cetera Investment Advisers increased its position in Western Asset Diversified Income Fund by 10.4% during the 4th quarter. Cetera Investment Advisers now owns 34,487 shares of the company’s stock worth $491,000 after buying an additional 3,255 shares during the period. Bank of America Corp DE increased its position in Western Asset Diversified Income Fund by 4.3% during the 4th quarter. Bank of America Corp DE now owns 614,877 shares of the company’s stock worth $8,762,000 after buying an additional 25,121 shares during the period. Finally, Jane Street Group LLC bought a new position in Western Asset Diversified Income Fund during the 4th quarter worth $226,000.