Short Interest in Western Asset Bond ETF (NASDAQ:WABF) Increases By 66.7%

Western Asset Bond ETF (NASDAQ:WABF) was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 500 shares, a growth of 66.7% from the July 31st total of 300 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.6 days.

Western Asset Bond ETF Stock Down 0.2 %

WABF stock traded down $0.04 on Friday, reaching $26.23. 176 shares of the company traded hands, compared to its average volume of 2,017. The firm has a fifty day simple moving average of $25.75 and a 200-day simple moving average of $25.48. Western Asset Bond ETF has a one year low of $23.70 and a one year high of $26.32.

Western Asset Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a $0.1189 dividend. This represents a $1.43 annualized dividend and a dividend yield of 5.44%. The ex-dividend date was Thursday, August 1st. This is an increase from Western Asset Bond ETF’s previous monthly dividend of $0.10.

Western Asset Bond ETF Company Profile

The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities.