Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Sees Large Increase in Short Interest

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 14,500 shares, an increase of 663.2% from the September 30th total of 1,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 89,400 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 89,400 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Eaton Vance Floating Rate ETF Stock Down 0.0%

Shares of NYSEARCA:EVLN opened at $49.75 on Thursday. The firm’s 50-day simple moving average is $49.79 and its 200-day simple moving average is $49.80. Eaton Vance Floating Rate ETF has a fifty-two week low of $48.21 and a fifty-two week high of $50.74.

About Eaton Vance Floating Rate ETF

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.