Western Asset Premier Bond Fund (NYSE:WEA) Short Interest Update

Western Asset Premier Bond Fund (NYSE:WEA) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 15,264 shares, a decrease of 31.3% from the December 15th total of 22,207 shares. Based on an average trading volume of 36,318 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 36,318 shares, the short-interest ratio is currently 0.4 days.

Western Asset Premier Bond Fund Stock Up 0.4%

Shares of NYSE:WEA traded up $0.04 during midday trading on Friday, reaching $11.31. The company’s stock had a trading volume of 39,825 shares, compared to its average volume of 29,466. The stock has a fifty day moving average of $11.08 and a 200 day moving average of $11.05. Western Asset Premier Bond Fund has a twelve month low of $10.16 and a twelve month high of $11.44.

Western Asset Premier Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Trading of Western Asset Premier Bond Fund

A number of hedge funds have recently modified their holdings of the stock. Invictus Private Wealth LLC raised its position in Western Asset Premier Bond Fund by 77.5% during the second quarter. Invictus Private Wealth LLC now owns 92,820 shares of the investment management company’s stock valued at $1,007,000 after acquiring an additional 40,520 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of Western Asset Premier Bond Fund by 219.7% during the 2nd quarter. Whipplewood Advisors LLC now owns 271,845 shares of the investment management company’s stock worth $2,950,000 after purchasing an additional 186,821 shares during the period. Wolverine Asset Management LLC acquired a new stake in shares of Western Asset Premier Bond Fund during the 2nd quarter worth approximately $99,000. Invesco Ltd. increased its holdings in shares of Western Asset Premier Bond Fund by 6.0% during the 2nd quarter. Invesco Ltd. now owns 95,727 shares of the investment management company’s stock valued at $1,039,000 after purchasing an additional 5,416 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its stake in shares of Western Asset Premier Bond Fund by 10.0% in the 2nd quarter. Guggenheim Capital LLC now owns 233,034 shares of the investment management company’s stock valued at $2,528,000 after purchasing an additional 21,132 shares during the period.

Western Asset Premier Bond Fund Company Profile

Western Asset Premier Bond Fund Inc (NYSE: WEA) is a publicly traded closed-end management investment company that primarily seeks to provide a high level of current income. The fund achieves this objective through a diversified portfolio of fixed-income instruments, including government and corporate debt, mortgage- and asset-backed securities, and other income-producing debt obligations. By investing across various sectors and credit qualities, the fund aims to balance income generation with risk management.

The fund’s investment strategy emphasizes active security selection and broad diversification.