Short Interest in Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Rises By 30.4%

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 21,000 shares, a growth of 30.4% from the January 31st total of 16,100 shares. Based on an average daily volume of 176,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Eaton Vance Municipal Bond Fund

Large investors have recently bought and sold shares of the stock. Walleye Capital LLC purchased a new position in shares of Eaton Vance Municipal Bond Fund during the third quarter valued at approximately $208,000. Horizon Kinetics Asset Management LLC raised its holdings in Eaton Vance Municipal Bond Fund by 26.8% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 22,431 shares of the company’s stock valued at $241,000 after acquiring an additional 4,739 shares during the last quarter. Garner Asset Management Corp purchased a new position in shares of Eaton Vance Municipal Bond Fund during the 3rd quarter worth $812,000. Islay Capital Management LLC purchased a new stake in shares of Eaton Vance Municipal Bond Fund in the third quarter valued at $108,000. Finally, US Bancorp DE increased its stake in Eaton Vance Municipal Bond Fund by 555.6% in the third quarter. US Bancorp DE now owns 4,609 shares of the company’s stock valued at $50,000 after purchasing an additional 3,906 shares during the last quarter.

Eaton Vance Municipal Bond Fund Trading Down 0.2 %

Shares of EIM stock traded down $0.03 during midday trading on Thursday, reaching $10.25. 19,139 shares of the company traded hands, compared to its average volume of 158,861. The business’s 50 day moving average price is $10.21. Eaton Vance Municipal Bond Fund has a 1-year low of $9.89 and a 1-year high of $10.93.

Eaton Vance Municipal Bond Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.0508 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.95%.

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.