Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) Short Interest Update

Posted by Geri Gentry on Jul 27th, 2026

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 40,119 shares, a growth of 160.0% from the June 30th total of 15,429 shares. Based on an average daily volume of 66,506 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On Western Asset Intermediate Muni Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. CoreCap Advisors LLC purchased a new stake in Western Asset Intermediate Muni Fund in the second quarter valued at $32,000. Private Advisor Group LLC acquired a new stake in shares of Western Asset Intermediate Muni Fund during the third quarter worth about $91,000. Captrust Financial Advisors acquired a new stake in shares of Western Asset Intermediate Muni Fund during the second quarter worth about $96,000. Closed End Fund Advisors Inc. purchased a new stake in shares of Western Asset Intermediate Muni Fund in the 4th quarter valued at about $134,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Western Asset Intermediate Muni Fund by 12.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 19,850 shares of the company’s stock valued at $152,000 after purchasing an additional 2,200 shares during the last quarter.

Western Asset Intermediate Muni Fund Stock Down 0.6%

SBI stock traded down $0.05 during midday trading on Monday, reaching $7.66. 34,428 shares of the company were exchanged, compared to its average volume of 42,972. Western Asset Intermediate Muni Fund has a 1-year low of $7.51 and a 1-year high of $8.01. The stock’s 50-day simple moving average is $7.80 and its 200 day simple moving average is $7.81.

Western Asset Intermediate Muni Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be given a $0.042 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Monday, August 24th.

About Western Asset Intermediate Muni Fund

(Get Free Report)

Western Asset Intermediate Muni Fund (NYSE: SBI) is a closed-end management investment company whose primary objective is to seek a high level of current income exempt from federal income taxes. The fund is sponsored and managed by Western Asset Management Company, a global fixed-income investment firm with a focus on municipal and other debt securities. SBI pursues its goal by investing predominantly in intermediate-duration municipal bonds, aiming to balance yield potential with interest rate risk management.

The portfolio typically comprises a diversified mix of investment-grade and, to a lesser extent, higher-yielding municipal securities issued by state and local governments and their agencies.