Western Asset Short Duration Income ETF (NASDAQ:WINC) Sees Significant Decline in Short Interest

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decline of 83.3% from the March 15th total of 600 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC boosted its position in shares of Western Asset Short Duration Income ETF by 128.8% during the 4th quarter. Citadel Advisors LLC now owns 38,910 shares of the company’s stock valued at $932,000 after purchasing an additional 21,905 shares in the last quarter. Encompass More Asset Management boosted its holdings in shares of Western Asset Short Duration Income ETF by 12.6% during the 4th quarter. Encompass More Asset Management now owns 90,654 shares of the company’s stock worth $2,170,000 after buying an additional 10,118 shares in the last quarter. Jane Street Group LLC increased its stake in shares of 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 valued at $360,000 after acquiring an additional 1,760 shares in the last quarter. Finally, LPL Financial LLC lifted 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 acquiring an additional 1,506 shares during the period.

Western Asset Short Duration Income ETF Stock Up 0.0 %

Western Asset Short Duration Income ETF stock opened at $24.01 on Wednesday. The stock’s 50 day moving average is $24.11 and its 200 day moving average is $24.07. Western Asset Short Duration Income ETF has a one year low of $23.65 and a one year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Western Asset Short Duration Income ETF’s previous dividend of $0.10.

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.