Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Large Growth in Short Interest

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 55,684 shares, an increase of 199.2% from the December 31st total of 18,612 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 243,778 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 243,778 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of Eaton Vance Short Duration Income ETF

Hedge funds have recently bought and sold shares of the company. Flow Traders U.S. LLC bought a new stake in shares of Eaton Vance Short Duration Income ETF during the second quarter valued at about $1,189,000. Nemes Rush Group LLC bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter valued at about $9,732,000. Finally, Ameriprise Financial Inc. acquired a new position in Eaton Vance Short Duration Income ETF during the 3rd quarter valued at about $15,875,000.

Eaton Vance Short Duration Income ETF Trading Down 0.0%

Shares of EVSD opened at $51.59 on Thursday. Eaton Vance Short Duration Income ETF has a 52 week low of $50.35 and a 52 week high of $51.72. The stock has a 50 day moving average of $51.50 and a 200-day moving average of $51.45.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 23rd were given a $0.2329 dividend. This is a boost from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, December 23rd.

About Eaton Vance Short Duration Income ETF

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.