Short Interest in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Expands By 554.1%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,492 shares, a growth of 554.1% from the May 31st total of 381 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 4,922 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc purchased a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned approximately 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

Eaton Vance High Income Municipal ETF Trading Down 0.0%

Shares of NASDAQ:EVYM traded down $0.02 during trading on Friday, hitting $50.94. The company’s stock had a trading volume of 205 shares, compared to its average volume of 5,005. Eaton Vance High Income Municipal ETF has a fifty-two week low of $47.47 and a fifty-two week high of $51.07. The stock’s 50-day moving average price is $50.48 and its two-hundred day moving average price is $50.27.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Friday, May 29th were given a $0.201 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, May 29th.

Eaton Vance High Income Municipal ETF Company Profile

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.