Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Large Drop in Short Interest

by · The Markets Daily

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 28,792 shares, a decrease of 17.4% from the November 30th total of 34,842 shares. Based on an average daily volume of 104,295 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 104,295 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Short Duration Income ETF Stock Down 0.1%

EVSD traded down $0.03 on Thursday, hitting $51.44. 86,328 shares of the company traded hands, compared to its average volume of 84,653. Eaton Vance Short Duration Income ETF has a 12-month low of $50.32 and a 12-month high of $51.72. The company has a 50 day moving average of $51.49 and a 200-day moving average of $51.39.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 23rd were issued a $0.2329 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a c) annualized dividend and a yield of 5.4%. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the second quarter worth about $1,189,000. Nemes Rush Group LLC bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter worth about $9,732,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of Eaton Vance Short Duration Income ETF during the third quarter worth approximately $15,875,000.

About Eaton Vance Short Duration Income ETF

(Get Free Report)

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.

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