Western Asset Short Duration Income ETF (NASDAQ:WINC) Sees Large Decrease in Short Interest

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a significant drop in short interest in February. As of February 15th, there was short interest totalling 600 shares, a drop of 33.3% from the January 31st total of 900 shares. Based on an average daily trading volume, of 2,800 shares, the days-to-cover ratio is presently 0.2 days.

Western Asset Short Duration Income ETF Stock Performance

WINC stock opened at $24.24 on Monday. Western Asset Short Duration Income ETF has a twelve month low of $23.65 and a twelve month high of $24.37. The business has a fifty day moving average of $24.05 and a 200-day moving average of $24.10.

Western Asset Short Duration Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Trading of Western Asset Short Duration Income ETF

A number of large investors have recently made changes to their positions in the company. Encompass More Asset Management acquired a new position in Western Asset Short Duration Income ETF in the 3rd quarter worth $1,961,000. Citadel Advisors LLC grew its holdings in Western Asset Short Duration Income ETF by 128.8% during the fourth quarter. Citadel Advisors LLC now owns 38,910 shares of the company’s stock worth $932,000 after purchasing an additional 21,905 shares during the period. Jane Street Group LLC boosted its position in Western Asset Short Duration Income ETF by 13.3% during the fourth quarter. Jane Street Group LLC now owns 15,031 shares of the company’s stock worth $360,000 after purchasing an additional 1,760 shares during the period. Finally, LPL Financial LLC grew its stake in Western Asset Short Duration Income ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 94,181 shares of the company’s stock valued at $2,255,000 after buying an additional 1,506 shares during the last quarter.

Western Asset Short Duration Income ETF Company Profile

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.