Short Interest in Western Asset Diversified Income Fund (NYSE:WDI) Decreases By 19.0%

Western Asset Diversified Income Fund (NYSE:WDI) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 12,800 shares, a decrease of 19.0% from the November 30th total of 15,800 shares. Based on an average trading volume of 212,700 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Western Asset Diversified Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new position in shares of Western Asset Diversified Income Fund during the 3rd quarter worth $63,000. Naviter Wealth LLC purchased a new stake in shares of Western Asset Diversified Income Fund in the 2nd quarter valued at approximately $161,000. Truist Financial Corp acquired a new position in shares of Western Asset Diversified Income Fund in the 2nd quarter worth approximately $208,000. SeaCrest Wealth Management LLC boosted its position in shares of Western Asset Diversified Income Fund by 9.6% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 14,646 shares of the company’s stock worth $230,000 after purchasing an additional 1,283 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Western Asset Diversified Income Fund in the 3rd quarter valued at approximately $289,000.

Western Asset Diversified Income Fund Stock Performance

NYSE WDI traded down $0.14 on Friday, reaching $14.24. 249,763 shares of the company were exchanged, compared to its average volume of 216,775. Western Asset Diversified Income Fund has a fifty-two week low of $13.75 and a fifty-two week high of $15.84. The business’s fifty day moving average price is $14.88 and its 200 day moving average price is $15.06.

Western Asset Diversified Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be given a dividend of $0.1485 per share. This represents a $1.78 annualized dividend and a yield of 12.51%. The ex-dividend date of this dividend is Friday, January 24th.