Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Short Interest Down 88.3% in December

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 2,423 shares, a decrease of 88.3% from the November 30th total of 20,684 shares. Based on an average trading volume of 32,166 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 32,166 shares, the days-to-cover ratio is presently 0.1 days.

Eaton Vance Ultra-Short Income ETF Stock Performance

NYSEARCA:EVSB traded up $0.04 during midday trading on Thursday, reaching $50.83. The stock had a trading volume of 2,069 shares, compared to its average volume of 34,968. Eaton Vance Ultra-Short Income ETF has a 1-year low of $50.54 and a 1-year high of $52.54. The firm’s fifty day simple moving average is $51.04 and its 200-day simple moving average is $50.99.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned approximately 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent SEC filing.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.