Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 55,684 shares, a growth of 199.2% from the December 31st total of 18,612 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 243,778 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 243,778 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

Eaton Vance Short Duration Income ETF Price Performance

Eaton Vance Short Duration Income ETF stock opened at $51.59 on Thursday. Eaton Vance Short Duration Income ETF has a fifty-two week low of $50.35 and a fifty-two week high of $51.72. The firm’s 50 day simple moving average is $51.50 and its 200-day simple moving average is $51.45.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.2329 per share. The ex-dividend date was Tuesday, December 23rd. This represents a c) annualized dividend and a dividend yield of 5.4%. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. acquired a new stake in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at about $15,875,000. Nemes Rush Group LLC acquired a new position in Eaton Vance Short Duration Income ETF in the third quarter worth approximately $9,732,000. Finally, Flow Traders U.S. LLC bought a new position in Eaton Vance Short Duration Income ETF during the second quarter valued at approximately $1,189,000.

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.