Western Asset Intermediate Muni Fund (NYSE:SBI) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Western Asset Intermediate Muni Fund Inc. (NYSE: SBI - Get Free Report) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $7.84 and traded as high as $7.91. Western Asset Intermediate Muni Fund shares last traded at $7.8450, with a volume of 33,341 shares