Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Up 938.6% in May

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 131,397 shares, a growth of 938.6% from the May 14th total of 12,651 shares. Based on an average daily volume of 163,170 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Several institutional investors have recently modified their holdings of the company. Prism Advisors Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 1st quarter worth approximately $15,230,000. Janney Montgomery Scott LLC boosted its stake in shares of Eaton Vance Short Duration Income ETF by 3.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock worth $10,336,000 after acquiring an additional 7,623 shares in the last quarter. First American Bank purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 1st quarter worth approximately $571,000. Eldridge Investment Advisors Inc. boosted its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after acquiring an additional 33,145 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its stake in shares of Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares in the last quarter.

Eaton Vance Short Duration Income ETF Stock Up 0.3%

Shares of EVSD opened at $50.98 on Friday. Eaton Vance Short Duration Income ETF has a twelve month low of $50.80 and a twelve month high of $51.72. The stock’s 50 day moving average is $51.04 and its two-hundred day moving average is $51.30.

Eaton Vance Short Duration Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Friday, May 29th were paid a dividend of $0.1944 per share. This is a positive change from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.6%.

Eaton Vance Short Duration Income ETF Company Profile

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.