Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Sees Significant Increase in Short Interest

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 4,609 shares, a growth of 93.7% from the October 15th total of 2,379 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 46,048 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance High Income Municipal ETF Stock Down 0.8%

NASDAQ:EVYM traded down $0.39 during mid-day trading on Friday, reaching $47.91. 19,043 shares of the company’s stock traded hands, compared to its average volume of 8,863. Eaton Vance High Income Municipal ETF has a 12-month low of $46.34 and a 12-month high of $51.22. The company has a 50 day moving average price of $47.85 and a 200-day moving average price of $49.71.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Friday, October 30th were issued a $0.1998 dividend. This is a decrease from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2076. The ex-dividend date was Friday, October 30th. This represents a $2.40 annualized dividend and a yield of 5.0%.

Eaton Vance High Income Municipal ETF Company Profile

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.