Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Stock Short Interest Declines 63.5%

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 17,308 shares, a drop of 63.5% from the September 30th total of 47,389 shares. Based on an average daily volume of 214,921 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

Eaton Vance Intermediate Municipal Income ETF Trading Up 0.2%

Eaton Vance Intermediate Municipal Income ETF stock traded up $0.11 during mid-day trading on Thursday, hitting $51.75. The company’s stock had a trading volume of 76,325 shares, compared to its average volume of 53,437. The stock’s fifty day moving average price is $51.24 and its two-hundred day moving average price is $52.64. Eaton Vance Intermediate Municipal Income ETF has a twelve month low of $49.91 and a twelve month high of $54.21.

Hedge Funds Weigh In On Eaton Vance Intermediate Municipal Income ETF

An institutional investor recently raised its stake in Eaton Vance Intermediate Municipal Income ETF stock. FSA Advisors Inc. grew its stake in Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Free Report) by 61.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,939 shares of the company’s stock after buying an additional 4,153 shares during the period. FSA Advisors Inc. owned approximately 0.27% of Eaton Vance Intermediate Municipal Income ETF worth $575,000 as of its most recent SEC filing.

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.

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