Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Increases By 2,644.2%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 22,887 shares, an increase of 2,644.2% from the December 31st total of 834 shares. Based on an average daily trading volume, of 33,499 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 33,499 shares, the days-to-cover ratio is presently 0.7 days.

Eaton Vance Ultra-Short Income ETF Price Performance

NYSEARCA:EVSB remained flat at $51.09 during trading hours on Tuesday. The company’s stock had a trading volume of 48,199 shares, compared to its average volume of 34,429. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.54 and a 52-week high of $52.54. The company’s fifty day simple moving average is $50.99 and its 200 day simple moving average is $51.00.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Eaton Vance Ultra-Short Income ETF stock. Janney Montgomery Scott LLC raised its holdings in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) by 304.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 103,656 shares of the company’s stock after buying an additional 78,001 shares during the period. Janney Montgomery Scott LLC owned 2.42% of Eaton Vance Ultra-Short Income ETF worth $5,267,000 at the end of the most recent reporting period.

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.