Short Interest in Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Expands By 27.8%

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 50,500 shares, an increase of 27.8% from the September 30th total of 39,500 shares. Based on an average trading volume of 44,400 shares, the short-interest ratio is presently 1.1 days.

Hedge Funds Weigh In On Eaton Vance Short Duration Diversified Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Luken Investment Analytics LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund during the 2nd quarter worth approximately $32,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 2nd quarter worth approximately $119,000. Rockport Wealth LLC acquired a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 1st quarter worth approximately $123,000. FSA Advisors Inc. acquired a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 1st quarter worth approximately $167,000. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 7.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 50,219 shares of the company’s stock worth $542,000 after acquiring an additional 3,299 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Trading Down 1.0 %

EVG opened at $11.06 on Wednesday. The business’s 50-day simple moving average is $11.18 and its 200-day simple moving average is $10.95. Eaton Vance Short Duration Diversified Income Fund has a one year low of $9.61 and a one year high of $11.45.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.68%. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.