Short Interest in Western Asset Short Duration Income ETF (NASDAQ:WINC) Declines By 33.3%

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

Western Asset Short Duration Income ETF Stock Up 0.2 %

Shares of WINC stock opened at $24.24 on Friday. The business’s fifty day moving average is $24.05 and its 200 day moving average is $24.10. Western Asset Short Duration Income ETF has a twelve month low of $23.65 and a twelve month high of $24.37.

Western Asset Short Duration Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.08 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. LPL Financial LLC grew its holdings in Western Asset Short Duration Income ETF by 1.6% in the fourth quarter. LPL Financial LLC now owns 94,181 shares of the company’s stock worth $2,255,000 after purchasing an additional 1,506 shares during the period. Jane Street Group LLC lifted its holdings in shares of Western Asset Short Duration Income ETF by 13.3% during the fourth quarter. Jane Street Group LLC now owns 15,031 shares of the company’s stock valued at $360,000 after purchasing an additional 1,760 shares during the last quarter. Encompass More Asset Management grew its stake in shares of Western Asset Short Duration Income ETF by 12.6% in 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 during the last quarter. Finally, Citadel Advisors LLC grew its stake in shares of Western Asset Short Duration Income ETF by 128.8% in the 4th quarter. Citadel Advisors LLC now owns 38,910 shares of the company’s stock worth $932,000 after buying an additional 21,905 shares during the last quarter.

About Western Asset Short Duration Income ETF

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.