Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Up 18.2% in September

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 1,300 shares, a growth of 18.2% from the August 31st total of 1,100 shares. Based on an average trading volume of 6,400 shares, the short-interest ratio is presently 0.2 days.

Western Asset Short Duration Income ETF Stock Up 0.2 %

Shares of WINC stock opened at $24.37 on Monday. Western Asset Short Duration Income ETF has a 12-month low of $23.07 and a 12-month high of $24.37. The business has a 50-day moving average price of $24.17 and a two-hundred day moving average price of $23.95.

Western Asset Short Duration Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0855 per share. This represents a $1.03 annualized dividend and a dividend yield of 4.21%. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Western Asset Short Duration Income ETF stock. Financial Advocates Investment Management bought a new position in Western Asset Short Duration Income ETF (NASDAQ:WINC) during the 2nd quarter, according to its most recent disclosure 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 as of its most recent SEC filing.

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.