Short Interest in Western Asset Short Duration Income ETF (NASDAQ:WINC) Declines By 71.4%

Western Asset Short Duration Income ETF (NASDAQ:WINC) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 200 shares, a decline of 71.4% from the December 15th total of 700 shares. Based on an average daily trading volume, of 10,800 shares, the days-to-cover ratio is currently 0.0 days.

WINC has been the topic of several research analyst reports. UBS Group began coverage on shares of Western Asset Short Duration Income ETF in a research report on Thursday, January 6th. They set a “buy” rating on the stock. DA Davidson restated a “buy” rating on shares of Western Asset Short Duration Income ETF in a report on Friday, December 17th.

Shares of WINC opened at $25.70 on Friday. Western Asset Short Duration Income ETF has a fifty-two week low of $25.68 and a fifty-two week high of $26.51. The firm’s 50-day simple moving average is $25.87 and its two-hundred day simple moving average is $26.13.

The company also recently announced a monthly dividend, which was paid on Thursday, December 30th. Stockholders of record on Tuesday, December 28th were paid a $0.04 dividend. The ex-dividend date was Monday, December 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.87%.

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Group Holdings Inc. bought a new position in shares of Western Asset Short Duration Income ETF in the third quarter worth approximately $121,000. Jane Street Group LLC lifted its stake in shares of Western Asset Short Duration Income ETF by 221.9% in the third quarter. Jane Street Group LLC now owns 43,532 shares of the company’s stock worth $1,145,000 after buying an additional 30,009 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Western Asset Short Duration Income ETF by 158.0% in the second quarter. LPL Financial LLC now owns 54,769 shares of the company’s stock worth $1,443,000 after buying an additional 33,544 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Western Asset Short Duration Income ETF in the third quarter worth approximately $1,774,000. Finally, Prentice Wealth Management LLC lifted its position in Western Asset Short Duration Income ETF by 7,720,500.0% during the third quarter. Prentice Wealth Management LLC now owns 77,206 shares of the company’s stock valued at $2,031,000 after purchasing an additional 77,205 shares during the period.

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