Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Sees Significant Growth in Short Interest

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 5,258 shares, a growth of 91.7% from the April 30th total of 2,743 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,047 shares, the short-interest ratio is currently 1.0 days.

Eaton Vance High Income Municipal ETF Trading Down 0.2%

NASDAQ EVYM opened at $50.53 on Thursday. Eaton Vance High Income Municipal ETF has a one year low of $47.47 and a one year high of $51.01. The stock has a 50 day moving average price of $50.22 and a 200-day moving average price of $50.19.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Friday, May 29th will be given a dividend of $0.201 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, May 29th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned 0.10% of Eaton Vance High Income Municipal ETF as of its most recent SEC filing.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.

See Also

Receive News & Ratings for Eaton Vance High Income Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance High Income Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.