Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Rises By 103.6%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 101,595 shares, an increase of 103.6% from the January 29th total of 49,906 shares. Based on an average daily volume of 136,682 shares, the short-interest ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 136,682 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Studio Investment Management LLC acquired a new stake in Eaton Vance Short Duration Income ETF during the 4th quarter worth $208,000. Flow Traders U.S. LLC purchased a new stake in shares of Eaton Vance Short Duration Income ETF in the second quarter valued at about $1,189,000. Eldridge Investment Advisors Inc. boosted its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after buying an additional 33,145 shares during the period. Nemes Rush Group LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF during the third quarter worth about $9,732,000. Finally, Janney Montgomery Scott LLC increased its position in Eaton Vance Short Duration Income ETF by 893.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock valued at $10,046,000 after acquiring an additional 175,631 shares during the period.

Eaton Vance Short Duration Income ETF Stock Down 0.3%

Shares of NASDAQ EVSD traded down $0.13 during midday trading on Friday, reaching $51.56. 94,008 shares of the stock were exchanged, compared to its average volume of 172,946. Eaton Vance Short Duration Income ETF has a twelve month low of $50.35 and a twelve month high of $51.72. The company has a 50 day simple moving average of $51.53 and a 200 day simple moving average of $51.51.

Eaton Vance Short Duration Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Friday, February 27th will be paid a $0.1791 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.