Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Down 53.9% in June

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 60,628 shares, a decline of 53.9% from the May 31st total of 131,397 shares. Based on an average daily volume of 143,745 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are sold short.

Eaton Vance Short Duration Income ETF Stock Down 0.0%

NASDAQ EVSD opened at $51.08 on Monday. Eaton Vance Short Duration Income ETF has a twelve month low of $50.80 and a twelve month high of $51.72. The stock has a 50-day moving average of $51.01 and a 200 day moving average of $51.26.

Eaton Vance Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Friday, May 29th were given a $0.1944 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.19. The ex-dividend date was Friday, May 29th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Studio Investment Management LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF during the 4th quarter valued at approximately $208,000. First American Bank purchased a new stake in Eaton Vance Short Duration Income ETF in the 1st quarter worth $571,000. Eldridge Investment Advisors Inc. increased its holdings in Eaton Vance Short Duration Income ETF by 145.7% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after acquiring an additional 33,145 shares in the last quarter. Nemes Rush Group LLC acquired a new position in Eaton Vance Short Duration Income ETF during the third quarter worth $9,732,000. Finally, Janney Montgomery Scott LLC raised its position 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 acquiring an additional 175,631 shares during the period.

About Eaton Vance Short Duration Income ETF

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.