Eaton Vance High Yield ETF (NYSEARCA:EVHY) Shares Shorted: Short Interest Up 691.1% in October

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 48,272 shares, an increase of 691.1% from the October 15th total of 6,102 shares. Based on an average trading volume of 8,426 shares, the short-interest ratio is presently 5.7 days. Currently, 3.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Eaton Vance High Yield ETF

A hedge fund recently bought a new stake in Eaton Vance High Yield ETF stock. Harbour Investments Inc. acquired a new stake in Eaton Vance High Yield ETF (NYSEARCA:EVHY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,300 shares of the company’s stock, valued at approximately $66,000. Harbour Investments Inc. owned about 0.08% of Eaton Vance High Yield ETF at the end of the most recent reporting period.

Eaton Vance High Yield ETF Trading Down 0.1%

EVHY opened at $51.16 on Wednesday. Eaton Vance High Yield ETF has a 12 month low of $48.57 and a 12 month high of $53.58. The stock has a 50-day moving average of $51.17 and a 200 day moving average of $52.11.

Eaton Vance High Yield ETF Company Profile

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.