Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 10,829 shares, a growth of 206.8% from the August 15th total of 3,530 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 18,117 shares, the short-interest ratio is currently 0.6 days.
Hedge Funds Weigh In On Eaton Vance Ultra-Short Income ETF
A hedge fund 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 – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 Securities & Exchange Commission.
Eaton Vance Ultra-Short Income ETF Stock Performance
Shares of Eaton Vance Ultra-Short Income ETF stock traded down $0.04 during midday trading on Friday, hitting $50.75. The company’s stock had a trading volume of 81,953 shares, compared to its average volume of 55,384. Eaton Vance Ultra-Short Income ETF has a 1-year low of $50.62 and a 1-year high of $51.21. The stock has a 50-day simple moving average of $50.85 and a 200-day simple moving average of $50.85.
About Eaton Vance Ultra-Short Income ETF
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.
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