Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Sees Large Growth in Short Interest

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSBGet Free Report) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 46,076 shares, an increase of 45,976.0% from the February 26th total of 100 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 32,564 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On Eaton Vance Ultra-Short Income ETF

An institutional investor recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSBFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned about 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent SEC filing.

Eaton Vance Ultra-Short Income ETF Trading Up 0.0%

Eaton Vance Ultra-Short Income ETF stock opened at $50.86 on Thursday. The stock has a fifty day moving average price of $50.95 and a two-hundred day moving average price of $50.99. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.54 and a 52-week high of $52.54.

Eaton Vance Ultra-Short Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were issued a $0.2051 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Eaton Vance Ultra-Short Income ETF’s previous monthly dividend of $0.18.

Eaton Vance Ultra-Short Income ETF Company Profile

(Get Free Report)

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.

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