Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Stock Short Interest Falls 58.0%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 32,073 shares, a decrease of 58.0% from the September 15th total of 76,424 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 241,599 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Short Duration Income ETF Stock Performance

Shares of Eaton Vance Short Duration Income ETF stock traded down $0.01 on Tuesday, hitting $49.91. 68,966 shares of the company traded hands, compared to its average volume of 174,509. Eaton Vance Short Duration Income ETF has a 12-month low of $49.73 and a 12-month high of $51.72. The firm’s 50-day simple moving average is $50.46 and its 200 day simple moving average is $50.79.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.2073 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.0%. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.1893. The ex-dividend date of this dividend was Wednesday, September 30th.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

Large investors have recently bought and sold shares of the stock. Prism Advisors Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the third quarter worth about $16,667,000. Farther Finance Advisors LLC bought a new position in Eaton Vance Short Duration Income ETF during the 3rd quarter valued at approximately $110,000. Studio Investment Management LLC bought a new position in Eaton Vance Short Duration Income ETF during the 2nd quarter valued at approximately $391,000. Equitable Holdings Inc. bought a new position in Eaton Vance Short Duration Income ETF during the 2nd quarter valued at approximately $691,000. Finally, Bank of America Corp DE purchased a new stake in Eaton Vance Short Duration Income ETF in the 2nd quarter worth approximately $297,000.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.