Eaton Vance High Yield ETF (NYSEARCA:EVHY) Sees Significant Growth in Short Interest

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 3,874 shares, an increase of 28.9% from the November 30th total of 3,006 shares. Based on an average daily volume of 23,341 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.0% of the shares of the stock are short sold. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily volume of 23,341 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance High Yield ETF Stock Up 0.0%

Shares of NYSEARCA:EVHY opened at $53.02 on Wednesday. Eaton Vance High Yield ETF has a 1 year low of $50.26 and a 1 year high of $53.63. The business’s 50 day moving average price is $53.25 and its 200-day moving average price is $53.22.

Eaton Vance High Yield ETF Company Profile

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.