Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Update

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 2,300 shares, an increase of 187.5% from the November 30th total of 800 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 1.0 days.

Western Asset Short Duration Income ETF Stock Performance

WINC stock opened at $23.91 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 business has a fifty day moving average price of $24.03 and a 200-day moving average price of $24.06.

Western Asset Short Duration Income ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.114 per share. The ex-dividend date of this dividend is Thursday, December 26th. This is an increase from Western Asset Short Duration Income ETF’s previous dividend of $0.09.

Institutional Investors 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 bought a new stake in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,731 shares of the company’s stock, valued at approximately $208,000. Financial Advocates Investment Management owned 1.75% of Western Asset Short Duration Income ETF at the end of the most recent quarter.

About Western Asset Short Duration Income ETF

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.