Short Interest in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Expands By 52.5%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 5,490 shares, an increase of 52.5% from the July 15th total of 3,599 shares. Based on an average trading volume of 5,509 shares, the short-interest ratio is currently 1.0 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new stake in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned approximately 0.10% of Eaton Vance High Income Municipal ETF at the end of the most recent quarter.

Eaton Vance High Income Municipal ETF Stock Performance

NASDAQ:EVYM opened at $49.97 on Thursday. Eaton Vance High Income Municipal ETF has a one year low of $47.69 and a one year high of $51.22. The firm has a 50-day simple moving average of $50.53 and a 200-day simple moving average of $50.39.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were paid a $0.2135 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

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.

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