Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Update

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 48,300 shares, an increase of 187.5% from the March 31st total of 16,800 shares. Based on an average trading volume of 48,500 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in EVG. Bey Douglas LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund in the 4th quarter valued at approximately $187,000. EP Wealth Advisors LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at approximately $199,000. Moors & Cabot Inc. increased its stake in Eaton Vance Short Duration Diversified Income Fund by 15.5% in the 3rd quarter. Moors & Cabot Inc. now owns 23,100 shares of the company’s stock valued at $240,000 after buying an additional 3,100 shares during the period. Finally, Shaker Financial Services LLC increased its stake in Eaton Vance Short Duration Diversified Income Fund by 27.8% in the 4th quarter. Shaker Financial Services LLC now owns 39,528 shares of the company’s stock valued at $410,000 after buying an additional 8,595 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

Shares of NYSE:EVG opened at $10.36 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 52 week low of $9.13 and a 52 week high of $10.86. The firm has a 50 day simple moving average of $10.58 and a 200 day simple moving average of $10.39.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be paid a $0.079 dividend. This represents a $0.95 annualized dividend and a yield of 9.15%. The ex-dividend date is Monday, April 22nd. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.