Western Asset Diversified Income Fund (NYSE:WDI) Short Interest Down 19.0% in December

Western Asset Diversified Income Fund (NYSE:WDI) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 12,800 shares, a decrease of 19.0% from the November 30th total of 15,800 shares. Based on an average daily volume of 212,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Western Asset Diversified Income Fund

A number of hedge funds have recently bought and sold shares of WDI. Commonwealth Equity Services LLC lifted its position in shares of Western Asset Diversified Income Fund by 231.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 111,252 shares of the company’s stock worth $1,603,000 after buying an additional 77,710 shares during the last quarter. Consolidated Portfolio Review Corp boosted its position in shares of Western Asset Diversified Income Fund by 57.9% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 149,057 shares of the company’s stock valued at $2,148,000 after purchasing an additional 54,645 shares during the period. Naviter Wealth LLC purchased a new stake in Western Asset Diversified Income Fund in the second quarter valued at approximately $161,000. Shaker Financial Services LLC purchased a new position in shares of Western Asset Diversified Income Fund during the second quarter worth approximately $573,000. Finally, Wedbush Securities Inc. increased its holdings in shares of Western Asset Diversified Income Fund by 20.9% in the 2nd quarter. Wedbush Securities Inc. now owns 25,728 shares of the company’s stock valued at $371,000 after acquiring an additional 4,440 shares during the period.

Western Asset Diversified Income Fund Price Performance

Western Asset Diversified Income Fund stock traded down $0.14 during mid-day trading on Friday, reaching $14.24. 249,763 shares of the company’s stock were exchanged, compared to its average volume of 216,775. The company has a fifty day moving average of $14.88 and a 200-day moving average of $15.06. Western Asset Diversified Income Fund has a twelve month low of $13.75 and a twelve month high of $15.84.

Western Asset Diversified Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be paid a dividend of $0.1485 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.78 annualized dividend and a yield of 12.51%.