Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Update

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 59,800 shares, an increase of 65.2% from the October 15th total of 36,200 shares. Based on an average daily volume of 141,800 shares, the days-to-cover ratio is presently 0.4 days.

Eaton Vance Municipal Bond Fund Trading Down 0.1 %

NYSEAMERICAN:EIM opened at $10.47 on Wednesday. Eaton Vance Municipal Bond Fund has a 12 month low of $9.23 and a 12 month high of $10.93.

Eaton Vance Municipal Bond Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.0508 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.61 annualized dividend and a yield of 5.82%.

Institutional Trading of Eaton Vance Municipal Bond Fund

Large investors have recently bought and sold shares of the company. US Bancorp DE grew its stake in shares of Eaton Vance Municipal Bond Fund by 555.6% in the 3rd quarter. US Bancorp DE now owns 4,609 shares of the company’s stock worth $50,000 after buying an additional 3,906 shares during the last quarter. Islay Capital Management LLC bought a new position in shares of Eaton Vance Municipal Bond Fund during the third quarter valued at $108,000. Daymark Wealth Partners LLC purchased a new stake in shares of Eaton Vance Municipal Bond Fund during the second quarter valued at $106,000. Raymond James Trust N.A. bought a new stake in Eaton Vance Municipal Bond Fund in the 2nd quarter worth about $112,000. Finally, Private Advisor Group LLC purchased a new position in Eaton Vance Municipal Bond Fund in the 3rd quarter worth about $120,000.

Eaton Vance Municipal Bond Fund Company Profile

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.