Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Drops By 78.1%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 4,544 shares, a decline of 78.1% from the May 31st total of 20,712 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 56,426 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Eaton Vance Ultra-Short Income ETF

A hedge fund recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned about 0.22% of Eaton Vance Ultra-Short Income ETF at the end of the most recent quarter.

Eaton Vance Ultra-Short Income ETF Price Performance

NYSEARCA:EVSB traded up $0.02 during trading hours on Monday, hitting $50.95. 15,721 shares of the stock were exchanged, compared to its average volume of 60,546. The firm’s fifty day moving average price is $50.86 and its 200 day moving average price is $50.90. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.70 and a 52-week high of $51.21.

Eaton Vance Ultra-Short Income ETF Company Profile

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.