Short Interest in Western Asset Short Duration Income ETF (NASDAQ:WINC) Declines By 90.9%

Posted by Amy Steele on Jan 31st, 2025

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a decrease of 90.9% from the December 31st total of 3,300 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Western Asset Short Duration Income ETF

An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Encompass More Asset Management purchased a new stake in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 80,536 shares of the company’s stock, valued at approximately $1,961,000. Encompass More Asset Management owned 16.11% of Western Asset Short Duration Income ETF as of its most recent filing with the Securities & Exchange Commission.

Western Asset Short Duration Income ETF Trading Up 0.1 %

NASDAQ:WINC opened at $24.16 on Friday. The company’s fifty day moving average price is $24.02 and its 200-day moving average price is $24.09. Western Asset Short Duration Income ETF has a 1-year low of $23.65 and a 1-year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 26th were given a dividend of $0.114 per share. The ex-dividend date of this dividend was Thursday, December 26th. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.09.

Western Asset Short Duration Income ETF Company Profile

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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.