Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Decreases By 82.3%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 12,651 shares, a decrease of 82.3% from the April 30th total of 71,577 shares. Based on an average daily volume of 133,007 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Eaton Vance Short Duration Income ETF Price Performance

Shares of NASDAQ:EVSD opened at $51.08 on Thursday. Eaton Vance Short Duration Income ETF has a 52-week low of $50.73 and a 52-week high of $51.72. The business’s 50 day moving average is $51.06 and its 200 day moving average is $51.34.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Thursday, April 30th were issued a dividend of $0.1889 per share. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Thursday, April 30th.

Institutional Trading of Eaton Vance Short Duration Income ETF

Hedge funds have recently bought and sold shares of the stock. Studio Investment Management LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the fourth quarter worth $208,000. First American Bank purchased a new stake in Eaton Vance Short Duration Income ETF during the first quarter worth $571,000. Eldridge Investment Advisors Inc. lifted its holdings in Eaton Vance Short Duration Income ETF by 145.7% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after buying an additional 33,145 shares during the period. Nemes Rush Group LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the third quarter worth $9,732,000. Finally, Janney Montgomery Scott LLC lifted its holdings in Eaton Vance Short Duration Income ETF by 893.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after buying an additional 175,631 shares during the period.

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.