Western Asset Bond ETF (NASDAQ:WABF) Short Interest Update

Western Asset Bond ETF (NASDAQ:WABF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 4,600 shares, a growth of 17.9% from the October 15th total of 3,900 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is currently 1.0 days.

Hedge Funds Weigh In On Western Asset Bond ETF

An institutional investor recently bought a new position in Western Asset Bond ETF stock. Encompass More Asset Management acquired a new stake in shares of Western Asset Bond ETF (NASDAQ:WABF) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 27,549 shares of the company’s stock, valued at approximately $728,000. Encompass More Asset Management owned about 1.72% of Western Asset Bond ETF at the end of the most recent reporting period.

Western Asset Bond ETF Stock Down 0.0 %

Shares of NASDAQ WABF opened at $25.33 on Friday. Western Asset Bond ETF has a 1 year low of $24.64 and a 1 year high of $26.64. The stock’s 50-day simple moving average is $26.02 and its 200-day simple moving average is $25.72.

Western Asset Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.1196 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend was Friday, November 1st.

About Western Asset Bond ETF

The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities.