Western Asset Premier Bond Fund (WEA) Short Interest Ratio & Short Volume

Short interest is the volume of Western Asset Premier Bond Fund shares that have been sold short but have not yet been closed out or covered. As of February 15th, investors have sold 8,200 shares of WEA short. Learn More on Western Asset Premier Bond Fund's current short interest.

Western Asset Premier Bond Fund saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 8,200 shares, a decline of 53.1% from the previous total of 17,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling WEA is an investing strategy that aims to generate trading profit from Western Asset Premier Bond Fund as its price is falling. WEA shares are trading up $0.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Western Asset Premier Bond Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of WEA, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including WEA, twice per month. The most recent reporting period available is February, 15 2024.