Short Interest in Western Asset Bond ETF (NASDAQ:WABF) Grows By 66.7%

Western Asset Bond ETF (NASDAQ:WABF) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 500 shares, a growth of 66.7% from the July 31st total of 300 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.6 days.

Western Asset Bond ETF Price Performance

Western Asset Bond ETF stock traded down $0.02 during trading hours on Thursday, reaching $26.28. The stock had a trading volume of 34 shares, compared to its average volume of 2,028. The company has a fifty day simple moving average of $25.74 and a 200-day simple moving average of $25.47. Western Asset Bond ETF has a 52 week low of $23.70 and a 52 week high of $26.32.

Western Asset Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.1189 per share. This represents a $1.43 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date of this dividend was Thursday, August 1st. This is an increase from Western Asset Bond ETF’s previous monthly dividend of $0.10.

About Western Asset Bond ETF

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.