Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Sees Large Decrease in Short Interest

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 20,400 shares, a drop of 8.9% from the July 31st total of 22,400 shares. Based on an average daily volume of 34,800 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance California Municipal Bond Fund Stock Performance

Shares of EVM stock traded up $0.03 during trading hours on Monday, hitting $9.54. 26,300 shares of the company were exchanged, compared to its average volume of 43,200. Eaton Vance California Municipal Bond Fund has a 52-week low of $7.67 and a 52-week high of $9.79.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.