Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Up 52.5% in July

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,490 shares, a growth of 52.5% from the July 15th total of 3,599 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 5,509 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc acquired a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

Eaton Vance High Income Municipal ETF Stock Down 0.3%

EVYM stock traded down $0.16 during midday trading on Tuesday, hitting $49.86. The company’s stock had a trading volume of 2,996 shares, compared to its average volume of 5,177. The stock’s 50-day moving average price is $50.56 and its 200 day moving average price is $50.40. Eaton Vance High Income Municipal ETF has a 1 year low of $47.69 and a 1 year high of $51.22.

Eaton Vance High Income Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were issued a $0.2135 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, July 31st.

About Eaton Vance High Income Municipal ETF

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.