Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 54,161 shares, a growth of 180.1% from the June 30th total of 19,334 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 127,737 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. Studio Investment Management LLC acquired a new position in Eaton Vance Short Duration Income ETF in the 4th quarter valued at approximately $208,000. First American Bank bought a new stake in shares of Eaton Vance Short Duration Income ETF in the first quarter worth $571,000. Eldridge Investment Advisors Inc. increased its holdings in Eaton Vance Short Duration Income ETF by 145.7% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after purchasing an additional 33,145 shares during the period. Janney Montgomery Scott LLC increased its holdings in Eaton Vance Short Duration Income ETF by 893.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock valued at $10,046,000 after purchasing an additional 175,631 shares during the period. Finally, Nemes Rush Group LLC raised its position in 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 purchasing an additional 6,833 shares during the last quarter.

Eaton Vance Short Duration Income ETF Stock Up 0.1%

Shares of EVSD opened at $50.80 on Wednesday. Eaton Vance Short Duration Income ETF has a 12-month low of $50.67 and a 12-month high of $51.72. The business has a 50-day simple moving average of $50.90 and a two-hundred day simple moving average of $51.16.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.1902 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Tuesday, June 30th.

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.