Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 42.0% in October

Posted by Defense World Staff on Oct 26th, 2023

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 31,800 shares, a decrease of 42.0% from the September 30th total of 54,800 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 4.2 days.

Western Asset Short Duration Income ETF Price Performance

Shares of NASDAQ WINC opened at $23.30 on Thursday. Western Asset Short Duration Income ETF has a twelve month low of $22.93 and a twelve month high of $24.06. The firm has a 50-day moving average of $23.31 and a two-hundred day moving average of $23.42.

Western Asset Short Duration Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 5th. Shareholders of record on Tuesday, October 3rd were issued a $0.1123 dividend. This is an increase from Western Asset Short Duration Income ETF’s previous dividend of $0.10. The ex-dividend date was Monday, October 2nd.

Institutional Investors Weigh In On Western Asset Short Duration Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC acquired a new stake in Western Asset Short Duration Income ETF during the 4th quarter worth about $54,000. UBS Group AG raised its holdings in Western Asset Short Duration Income ETF by 3,098.7% during the 1st quarter. UBS Group AG now owns 5,086 shares of the company’s stock worth $120,000 after buying an additional 4,927 shares during the period. Advisor Group Holdings Inc. raised its holdings in Western Asset Short Duration Income ETF by 28.7% during the 1st quarter. Advisor Group Holdings Inc. now owns 5,940 shares of the company’s stock worth $147,000 after buying an additional 1,326 shares during the period. Creative Planning acquired a new stake in Western Asset Short Duration Income ETF during the 2nd quarter worth about $212,000. Finally, Bank of Montreal Can acquired a new stake in Western Asset Short Duration Income ETF during the 2nd quarter worth about $212,000.

About Western Asset Short Duration Income ETF

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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.