Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 32,000 shares, an increase of 135.3% from the February 28th total of 13,600 shares. Based on an average daily volume of 37,100 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are sold short.

Eaton Vance Short Duration Income ETF Stock Up 0.2 %

Shares of NASDAQ EVSD traded up $0.09 during trading on Friday, hitting $50.99. The company had a trading volume of 4,037 shares, compared to its average volume of 24,446. The stock has a fifty day simple moving average of $50.76 and a two-hundred day simple moving average of $50.68. Eaton Vance Short Duration Income ETF has a fifty-two week low of $49.68 and a fifty-two week high of $51.27.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Friday, February 28th were paid a $0.1927 dividend. The ex-dividend date was Friday, February 28th.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

A hedge fund recently raised its stake in Eaton Vance Short Duration Income ETF stock. Janney Montgomery Scott LLC increased its position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) by 54.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,826 shares of the company’s stock after acquiring an additional 5,935 shares during the period. Janney Montgomery Scott LLC owned about 0.39% of Eaton Vance Short Duration Income ETF worth $849,000 at the end of the most recent quarter.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.