Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 50.0% in October

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 50.0% from the October 15th total of 400 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Western Asset Short Duration Income ETF

An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Financial Advocates Investment Management acquired a new position in Western Asset Short Duration Income ETF (NASDAQ:WINC) during the second quarter, according to its most recent filing with the SEC. The firm acquired 8,731 shares of the company’s stock, valued at approximately $208,000. Financial Advocates Investment Management owned about 1.75% of Western Asset Short Duration Income ETF as of its most recent filing with the SEC.

Western Asset Short Duration Income ETF Stock Down 0.1 %

Shares of Western Asset Short Duration Income ETF stock opened at $23.98 on Wednesday. The business’s 50 day simple moving average is $24.17 and its two-hundred day simple moving average is $24.02. Western Asset Short Duration Income ETF has a one year low of $23.27 and a one year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.098 dividend. This is a boost from Western Asset Short Duration Income ETF’s previous monthly dividend of $0.09. This represents a $1.18 dividend on an annualized basis and a yield of 4.91%. The ex-dividend date of this dividend was Friday, November 1st.

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.