Eaton Vance High Yield ETF (NYSEARCA:EVHY) Short Interest Update
by Tristan Rich · The Markets DailyEaton Vance High Yield ETF (NYSEARCA:EVHY – Get Free Report) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 549 shares, an increase of 1,147.7% from the March 15th total of 44 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,261 shares, the days-to-cover ratio is presently 0.4 days.
Eaton Vance High Yield ETF Price Performance
EVHY traded down $0.18 during trading on Friday, hitting $52.35. 1,356 shares of the company’s stock were exchanged, compared to its average volume of 3,824. Eaton Vance High Yield ETF has a 1 year low of $48.57 and a 1 year high of $53.63. The stock has a 50 day moving average price of $52.54 and a 200 day moving average price of $52.99.
Eaton Vance High Yield ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Friday, February 27th were issued a dividend of $0.2463 per share. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Friday, February 27th.
Eaton Vance High Yield ETF Company Profile
The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.