Eaton Vance High Yield ETF (NYSEARCA:EVHY) Sees Significant Drop in Short Interest

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,145 shares, a decrease of 75.0% from the May 14th total of 4,577 shares. Based on an average daily volume of 23,176 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

Eaton Vance High Yield ETF Stock Up 0.5%

NYSEARCA EVHY traded up $0.25 on Thursday, hitting $52.35. 544 shares of the company’s stock were exchanged, compared to its average volume of 4,947. The stock has a 50-day moving average of $52.36 and a 200-day moving average of $52.73. Eaton Vance High Yield ETF has a 52 week low of $48.57 and a 52 week high of $53.63.

Eaton Vance High Yield ETF Company Profile

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.