Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Sees Large Decline in Short Interest

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 101,700 shares, a decrease of 13.7% from the February 13th total of 117,900 shares. Based on an average daily volume of 288,300 shares, the short-interest ratio is currently 0.4 days.

Eaton Vance Limited Duration Income Fund Price Performance

Eaton Vance Limited Duration Income Fund stock traded down $0.04 during mid-day trading on Wednesday, reaching $10.02. The company had a trading volume of 169,321 shares, compared to its average volume of 316,282. Eaton Vance Limited Duration Income Fund has a 52 week low of $9.22 and a 52 week high of $10.55. The stock’s 50 day simple moving average is $10.05.

Eaton Vance Limited Duration Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.0739 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 8.85%. This is an increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.07. The ex-dividend date is Thursday, March 13th.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Eaton Vance Limited Duration Income Fund in the 4th quarter valued at about $33,000. Avior Wealth Management LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund during the 3rd quarter worth approximately $58,000. Spire Wealth Management acquired a new stake in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth approximately $76,000. Apollon Wealth Management LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth approximately $100,000. Finally, Ellis Investment Partners LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth approximately $101,000.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.