Brandywine GLOBAL – U.S. Fixed Income ETF (NASDAQ:USFI) Sees Significant Increase in Short Interest

Brandywine GLOBAL – U.S. Fixed Income ETF (NASDAQ:USFI) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 2,785 shares, a growth of 3,338.3% from the September 30th total of 81 shares. Based on an average trading volume of 912 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.7% of the shares of the company are short sold.

Brandywine GLOBAL – U.S. Fixed Income ETF Stock Performance

USFI stock traded down $0.01 during mid-day trading on Tuesday, reaching $23.96. 232 shares of the company’s stock were exchanged, compared to its average volume of 1,233. The stock’s 50 day moving average is $24.00 and its 200 day moving average is $24.43. Brandywine GLOBAL – U.S. Fixed Income ETF has a 12-month low of $23.52 and a 12-month high of $25.05.

Brandywine GLOBAL – U.S. Fixed Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.0858 per share. This is a boost from Brandywine GLOBAL – U.S. Fixed Income ETF’s previous monthly dividend of $0.0563. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.03 annualized dividend and a yield of 4.3%.

About Brandywine GLOBAL – U.S. Fixed Income ETF

The BrandywineGLOBAL – U.S. Fixed Income ETF (USFI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages a high-conviction portfolio built through its value-oriented framework. The fund consists of USD-denominated, investment grade government and corporate securities of any maturity, with a focus on duration management USFI was launched on Jul 25, 2023 and is issued by Franklin Templeton.