Short Interest in Western Asset Short Duration Income ETF (NASDAQ:WINC) Grows By 100.0%

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 600 shares, an increase of 100.0% from the February 28th total of 300 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Western Asset Short Duration Income ETF

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

Western Asset Short Duration Income ETF Price Performance

WINC opened at $24.19 on Friday. Western Asset Short Duration Income ETF has a 1 year low of $23.65 and a 1 year high of $24.37. The company’s 50 day simple moving average is $24.12 and its 200 day simple moving average is $24.10.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.096 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.08.

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.