Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Update

Western Asset Short Duration Income ETF (NASDAQ:WINCGet Rating) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 200 shares, a drop of 90.5% from the April 30th total of 2,100 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is presently 0.0 days.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Darrow Company Inc. bought a new stake in Western Asset Short Duration Income ETF during the fourth quarter worth approximately $228,000. Allworth Financial LP bought a new stake in Western Asset Short Duration Income ETF during the fourth quarter worth approximately $210,000. National Asset Management Inc. bought a new stake in Western Asset Short Duration Income ETF during the fourth quarter worth approximately $504,000. Advisor Group Holdings Inc. bought a new stake in Western Asset Short Duration Income ETF during the third quarter worth approximately $121,000. Finally, Jane Street Group LLC boosted its holdings in Western Asset Short Duration Income ETF by 18.2% during the first quarter. Jane Street Group LLC now owns 50,013 shares of the company’s stock worth $1,235,000 after buying an additional 7,699 shares in the last quarter.

Shares of NASDAQ:WINC traded up $0.10 during trading hours on Wednesday, hitting $24.12. The stock had a trading volume of 3,987 shares, compared to its average volume of 15,515. The stock’s fifty day simple moving average is $24.34 and its 200 day simple moving average is $25.14. Western Asset Short Duration Income ETF has a 1-year low of $23.95 and a 1-year high of $26.51.

The business also recently disclosed a monthly dividend, which was paid on Thursday, May 5th. Investors 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 dividend 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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