Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Short Interest Update

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIMGet Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 16,654 shares, a growth of 100.8% from the July 30th total of 8,294 shares. Based on an average trading volume of 34,111 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Eaton Vance Intermediate Municipal Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. FSA Advisors Inc. increased its holdings in Eaton Vance Intermediate Municipal Income ETF by 61.2% during the first quarter. FSA Advisors Inc. now owns 10,939 shares of the company’s stock worth $575,000 after buying an additional 4,153 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Eaton Vance Intermediate Municipal Income ETF in the third quarter valued at $425,000. Finally, Janney Montgomery Scott LLC lifted its stake in Eaton Vance Intermediate Municipal Income ETF by 22.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,744 shares of the company’s stock valued at $305,000 after acquiring an additional 1,060 shares during the last quarter.

Eaton Vance Intermediate Municipal Income ETF Stock Down 0.1%

EVIM stock traded down $0.07 during mid-day trading on Friday, reaching $52.29. The company had a trading volume of 20,662 shares, compared to its average volume of 31,019. The stock has a 50 day simple moving average of $52.79 and a two-hundred day simple moving average of $53.02. Eaton Vance Intermediate Municipal Income ETF has a 52 week low of $51.31 and a 52 week high of $54.21.

Eaton Vance Intermediate Municipal Income ETF Company Profile

(Get Free Report)

The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.

Further Reading

Receive News & Ratings for Eaton Vance Intermediate Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Intermediate Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.