Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Down 83.3% in March

Western Asset Short Duration Income ETF (NASDAQ:WINC) was the recipient of a significant decline in short interest in 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. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 3,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Encompass More Asset Management increased its position 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 purchasing an additional 10,118 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Western Asset Short Duration Income ETF by 13.3% during the 4th quarter. Jane Street Group LLC now owns 15,031 shares of the company’s stock worth $360,000 after purchasing an additional 1,760 shares during the last quarter. Citadel Advisors LLC raised its holdings 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 valued at $932,000 after purchasing an additional 21,905 shares during the period. Finally, LPL Financial LLC lifted its stake in Western Asset Short Duration Income ETF by 1.6% in the 4th quarter. LPL Financial LLC now owns 94,181 shares of the company’s stock valued at $2,255,000 after purchasing an additional 1,506 shares during the last quarter.

Western Asset Short Duration Income ETF Stock Performance

Shares of Western Asset Short Duration Income ETF stock opened at $24.00 on Tuesday. The business has a 50-day moving average of $24.11 and a two-hundred day moving average of $24.07. Western Asset Short Duration Income ETF has a 1 year low of $23.65 and a 1 year high of $24.37.

Western Asset Short Duration Income ETF Increases Dividend

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

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.