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

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 20,712 shares, an increase of 219.2% from the May 14th total of 6,488 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 33,540 shares, the days-to-cover ratio is presently 0.6 days.

Eaton Vance Ultra-Short Income ETF Trading Up 0.1%

Eaton Vance Ultra-Short Income ETF stock opened at $50.87 on Friday. The stock has a 50-day moving average price of $50.84 and a 200 day moving average price of $50.92. Eaton Vance Ultra-Short Income ETF has a 52 week low of $50.70 and a 52 week high of $51.21.

Institutional Trading of 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 position in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the second 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 at the end of the most recent quarter.

Eaton Vance Ultra-Short Income ETF Company Profile

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.