Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Sees Large Drop in Short Interest

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 17,308 shares, a decline of 63.5% from the September 30th total of 47,389 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 214,921 shares, the short-interest ratio is currently 0.1 days.

Eaton Vance Intermediate Municipal Income ETF Trading Up 0.2%

Shares of EVIM traded up $0.11 during mid-day trading on Thursday, reaching $51.75. The company had a trading volume of 76,325 shares, compared to its average volume of 53,437. Eaton Vance Intermediate Municipal Income ETF has a twelve month low of $49.91 and a twelve month high of $54.21. The company’s 50-day moving average is $51.24 and its 200-day moving average is $52.64.

Institutional Trading of Eaton Vance Intermediate Municipal Income ETF

A hedge fund recently raised its position in Eaton Vance Intermediate Municipal Income ETF stock. FSA Advisors Inc. increased its holdings in shares of Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Free Report) by 61.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,939 shares of the company’s stock after buying an additional 4,153 shares during the quarter. FSA Advisors Inc. owned 0.27% of Eaton Vance Intermediate Municipal Income ETF worth $575,000 as of its most recent SEC filing.

Eaton Vance Intermediate Municipal Income ETF Company Profile

(Get Free Report)

The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.

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