Short Interest in Western Asset Bond ETF (NASDAQ:WABF) Expands By 17.9%

Western Asset Bond ETF (NASDAQ:WABF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 4,600 shares, a growth of 17.9% from the October 15th total of 3,900 shares. Based on an average daily trading volume, of 4,700 shares, the short-interest ratio is currently 1.0 days.

Western Asset Bond ETF Trading Up 0.1 %

Shares of NASDAQ:WABF opened at $25.36 on Friday. The stock has a fifty day moving average of $26.00 and a 200-day moving average of $25.72. Western Asset Bond ETF has a one year low of $24.76 and a one year high of $26.64.

Western Asset Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1196 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.66%.

Hedge Funds Weigh In On Western Asset Bond ETF

A hedge fund recently bought a new stake in Western Asset Bond ETF stock. Encompass More Asset Management bought a new position in Western Asset Bond ETF (NASDAQ:WABF) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 27,549 shares of the company’s stock, valued at approximately $728,000. Encompass More Asset Management owned approximately 1.72% of Western Asset Bond ETF at the end of the most recent reporting period.

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.