Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Up 43.5% in December

Posted by Donald Scott on Jan 16th, 2025

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 3,300 shares, a growth of 43.5% from the December 15th total of 2,300 shares. Based on an average daily volume of 3,000 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors 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. Encompass More Asset Management purchased a new stake in Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 80,536 shares of the company’s stock, valued at approximately $1,961,000. Encompass More Asset Management owned about 16.11% of Western Asset Short Duration Income ETF as of its most recent SEC filing.

Western Asset Short Duration Income ETF Stock Up 0.5 %

Shares of Western Asset Short Duration Income ETF stock opened at $24.01 on Thursday. The firm’s 50-day moving average price is $24.00 and its two-hundred day moving average price is $24.08. Western Asset Short Duration Income ETF has a 1-year low of $23.65 and a 1-year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 26th were given a dividend of $0.114 per share. The ex-dividend date of this dividend was Thursday, December 26th. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.09.

About Western Asset Short Duration Income ETF

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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.