Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Sees Large Drop in Short Interest

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 2,743 shares, a decline of 73.7% from the April 15th total of 10,446 shares. Based on an average daily volume of 5,217 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new position in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned approximately 0.10% of Eaton Vance High Income Municipal ETF at the end of the most recent reporting period.

Eaton Vance High Income Municipal ETF Trading Down 0.1%

EVYM traded down $0.05 on Wednesday, hitting $50.29. 2,062 shares of the company were exchanged, compared to its average volume of 5,003. Eaton Vance High Income Municipal ETF has a twelve month low of $47.47 and a twelve month high of $51.01. The firm has a 50-day moving average price of $50.22 and a two-hundred day moving average price of $50.17.

Eaton Vance High Income Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 6th. Investors of record on Thursday, April 30th were paid a dividend of $0.2103 per share. The ex-dividend date of this dividend was Thursday, April 30th.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.

Further Reading

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