Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Sees Significant Increase in Short Interest

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 135,100 shares, a growth of 47.2% from the August 15th total of 91,800 shares. Based on an average daily volume of 370,000 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its stake in Eaton Vance Limited Duration Income Fund by 188.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,842 shares of the company’s stock valued at $57,000 after purchasing an additional 3,818 shares during the last quarter. Wolverine Asset Management LLC lifted its position in shares of Eaton Vance Limited Duration Income Fund by 1,925.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 10,372 shares of the company’s stock valued at $101,000 after buying an additional 9,860 shares during the last quarter. Cornerstone Wealth Group LLC purchased a new position in shares of Eaton Vance Limited Duration Income Fund during the 1st quarter valued at $121,000. Summit Financial LLC bought a new position in shares of Eaton Vance Limited Duration Income Fund during the 1st quarter worth $168,000. Finally, Riverbridge Partners LLC increased its holdings in Eaton Vance Limited Duration Income Fund by 8.9% in the 1st quarter. Riverbridge Partners LLC now owns 19,009 shares of the company’s stock worth $185,000 after acquiring an additional 1,550 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Stock Down 0.4 %

Shares of EVV stock opened at $10.27 on Monday. Eaton Vance Limited Duration Income Fund has a fifty-two week low of $8.52 and a fifty-two week high of $10.37.

Eaton Vance Limited Duration Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 13th will be paid a dividend of $0.0806 per share. This represents a $0.97 dividend on an annualized basis and a dividend yield of 9.42%. The ex-dividend date of this dividend is Friday, September 13th.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.