Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Declines By 71.1%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 5,451 shares, a decrease of 71.1% from the April 15th total of 18,891 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 53,945 shares, the short-interest ratio is currently 0.1 days.

Eaton Vance Ultra-Short Income ETF Stock Down 0.1%

NYSEARCA:EVSB opened at $50.82 on Wednesday. Eaton Vance Ultra-Short Income ETF has a fifty-two week low of $50.70 and a fifty-two week high of $51.26. The stock’s 50-day moving average is $50.84 and its two-hundred day moving average is $50.95.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent filing with the SEC.

About Eaton Vance Ultra-Short Income ETF

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.