Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Stock Short Interest Report for October

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 155,900 shares, an increase of 1,556.9% from the October 15th total of 9,409 shares. Based on an average daily volume of 238,143 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Prism Advisors Inc. purchased a new position in Eaton Vance Short Duration Income ETF during the third quarter worth $16,667,000. Nemes Rush Group LLC acquired a new stake in shares of Eaton Vance Short Duration Income ETF during the third quarter valued at $11,493,000. Equitable Holdings Inc. acquired a new stake in shares of Eaton Vance Short Duration Income ETF during the second quarter valued at $691,000. Bank of America Corp DE purchased a new stake in Eaton Vance Short Duration Income ETF during the 2nd quarter worth about $297,000. Finally, Studio Investment Management LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the 3rd quarter worth about $517,000.

Eaton Vance Short Duration Income ETF Stock Performance

EVSD traded down $0.04 during trading on Wednesday, hitting $50.03. The stock had a trading volume of 36,716 shares, compared to its average volume of 184,247. The company’s 50-day moving average price is $50.16 and its 200 day moving average price is $50.85. Eaton Vance Short Duration Income ETF has a twelve month low of $49.73 and a twelve month high of $51.70.

Eaton Vance Short Duration Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Friday, October 30th were issued a $0.2299 dividend. This represents a $2.76 dividend on an annualized basis and a yield of 5.5%. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.2073. The ex-dividend date of this dividend was Friday, October 30th.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.