Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 33.3% in February

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 600 shares, a decline of 33.3% from the January 31st total of 900 shares. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.2 days.

Western Asset Short Duration Income ETF Price Performance

Western Asset Short Duration Income ETF stock opened at $24.14 on Tuesday. Western Asset Short Duration Income ETF has a 52 week low of $23.65 and a 52 week high of $24.37. The stock has a fifty day moving average of $24.05 and a 200-day moving average of $24.10.

Western Asset Short Duration Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.096 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Western Asset Short Duration Income ETF’s previous dividend of $0.08.

Hedge Funds Weigh In On Western Asset Short Duration Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of WINC. Jane Street Group LLC increased its holdings in Western Asset Short Duration Income ETF by 13.3% in the 4th quarter. Jane Street Group LLC now owns 15,031 shares of the company’s stock worth $360,000 after purchasing an additional 1,760 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of Western Asset Short Duration Income ETF by 128.8% in the fourth quarter. Citadel Advisors LLC now owns 38,910 shares of the company’s stock valued at $932,000 after buying an additional 21,905 shares during the period. Encompass More Asset Management bought a new stake in shares of Western Asset Short Duration Income ETF during the 3rd quarter valued at about $1,961,000. Finally, LPL Financial LLC boosted its position in shares of Western Asset Short Duration Income ETF by 1.6% during the 4th quarter. LPL Financial LLC now owns 94,181 shares of the company’s stock valued at $2,255,000 after purchasing an additional 1,506 shares in the last quarter.

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.