Western Asset Premier Bond Fund (NYSE:WEA) Short Interest Update

Western Asset Premier Bond Fund (NYSE:WEA) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 8,400 shares, agrowthof200.0% from the July 31st total of 2,800 shares. Based on an average daily trading volume, of 29,400 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 29,400 shares, the short-interest ratio is currently 0.3 days.

Western Asset Premier Bond Fund Trading Up 0.6%

Shares of Western Asset Premier Bond Fund stock opened at $11.10 on Friday. Western Asset Premier Bond Fund has a 12-month low of $10.16 and a 12-month high of $11.38. The firm’s 50-day moving average price is $10.89 and its two-hundred day moving average price is $10.81.

Institutional Investors Weigh In On Western Asset Premier Bond Fund

A number of large investors have recently bought and sold shares of the company. Sit Investment Associates Inc. grew its stake in Western Asset Premier Bond Fund by 3.6% during the first quarter. Sit Investment Associates Inc. now owns 694,111 shares of the investment management company’s stock worth $7,781,000 after buying an additional 24,092 shares in the last quarter. 1607 Capital Partners LLC boosted its stake in shares of Western Asset Premier Bond Fund by 1.2% in the 1st quarter. 1607 Capital Partners LLC now owns 337,147 shares of the investment management company’s stock valued at $3,779,000 after purchasing an additional 3,900 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Western Asset Premier Bond Fund by 0.8% in the 1st quarter. LPL Financial LLC now owns 279,775 shares of the investment management company’s stock valued at $3,136,000 after purchasing an additional 2,233 shares in the last quarter. Whipplewood Advisors LLC boosted its stake in shares of Western Asset Premier Bond Fund by 219.7% in the 2nd quarter. Whipplewood Advisors LLC now owns 271,845 shares of the investment management company’s stock valued at $2,950,000 after purchasing an additional 186,821 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of Western Asset Premier Bond Fund by 10.0% in the 2nd quarter. Guggenheim Capital LLC now owns 233,034 shares of the investment management company’s stock valued at $2,528,000 after purchasing an additional 21,132 shares in the last quarter.

Western Asset Premier Bond Fund Company Profile

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States.