Short Interest in Western Asset Bond ETF (NASDAQ:WABF) Declines By 50.0%

Western Asset Bond ETF (NASDAQ:WABF) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 300 shares, a drop of 50.0% from the July 15th total of 600 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.3 days.

Western Asset Bond ETF Trading Up 0.2 %

Shares of WABF stock traded up $0.05 on Wednesday, reaching $26.16. The company’s stock had a trading volume of 4 shares, compared to its average volume of 2,147. The stock’s fifty day simple moving average is $25.57 and its 200-day simple moving average is $25.44. Western Asset Bond ETF has a 1 year low of $23.70 and a 1 year high of $26.21.

Western Asset Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.1189 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from Western Asset Bond ETF’s previous monthly dividend of $0.10. This represents a $1.43 dividend on an annualized basis and a dividend yield of 5.45%.

Western Asset Bond ETF Company Profile

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.