Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Decreases By 78.1%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 4,544 shares, a decline of 78.1% from the May 31st total of 20,712 shares. Based on an average trading volume of 56,426 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of Eaton Vance Ultra-Short Income ETF

An institutional investor recently bought a new stake in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned approximately 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent filing with the SEC.

Eaton Vance Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:EVSB traded up $0.03 during trading on Friday, reaching $50.93. 28,964 shares of the company traded hands, compared to its average volume of 60,887. The business’s fifty day moving average is $50.86 and its 200-day moving average is $50.90. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.70 and a 52-week high of $51.21.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.