Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Sees Large Drop in Short Interest

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,743 shares, a decline of 73.7% from the April 15th total of 10,446 shares. Based on an average daily volume of 5,217 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Eaton Vance High Income Municipal ETF Stock Down 0.1%

Shares of Eaton Vance High Income Municipal ETF stock traded down $0.05 on Wednesday, hitting $50.29. The stock had a trading volume of 2,062 shares, compared to its average volume of 5,003. Eaton Vance High Income Municipal ETF has a 52-week low of $47.47 and a 52-week high of $51.01. The company’s 50 day moving average price is $50.22 and its 200 day moving average price is $50.17.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Thursday, April 30th were issued a $0.2103 dividend. The ex-dividend date of this dividend was Thursday, April 30th.

Institutional Trading of Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new stake in Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the Securities and Exchange Commission.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

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.

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