Western Asset Short Duration Income ETF (NASDAQ:WINC) Sees Large Increase in Short Interest

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 2,100 shares, an increase of 600.0% from the April 15th total of 300 shares. Based on an average daily volume of 16,700 shares, the days-to-cover ratio is currently 0.1 days.

Large investors have recently added to or reduced their stakes in the business. Darrow Company Inc. bought a new position in Western Asset Short Duration Income ETF during the 4th quarter worth approximately $228,000. Allworth Financial LP bought a new position in Western Asset Short Duration Income ETF during the 4th quarter worth approximately $210,000. National Asset Management Inc. bought a new position in Western Asset Short Duration Income ETF during the 4th quarter worth approximately $504,000. Prentice Wealth Management LLC lifted its holdings in Western Asset Short Duration Income ETF by 7,720,500.0% during the 3rd quarter. Prentice Wealth Management LLC now owns 77,206 shares of the company’s stock worth $2,031,000 after buying an additional 77,205 shares during the last quarter. Finally, Advisor Group Holdings Inc. bought a new stake in shares of Western Asset Short Duration Income ETF in the 3rd quarter worth approximately $121,000.

NASDAQ WINC traded up $0.01 during mid-day trading on Wednesday, reaching $24.15. 5,101 shares of the company’s stock traded hands, compared to its average volume of 15,993. Western Asset Short Duration Income ETF has a 1-year low of $24.05 and a 1-year high of $26.51. The company has a fifty day simple moving average of $24.49 and a 200-day simple moving average of $25.28.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 5th. Shareholders of record on Tuesday, May 3rd were paid a dividend of $0.039 per share. This represents a $0.47 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend was Monday, May 2nd. This is a positive change from Western Asset Short Duration Income ETF’s previous monthly dividend of $0.03.

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