Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Increases By 729.8%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 37,708 shares, an increase of 729.8% from the June 15th total of 4,544 shares. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 59,676 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance Ultra-Short Income ETF Price Performance

EVSB stock opened at $50.84 on Monday. Eaton Vance Ultra-Short Income ETF has a 52 week low of $50.70 and a 52 week high of $51.21. The business has a 50-day simple moving average of $50.84 and a 200 day simple moving average of $50.89.

Institutional Investors Weigh In On 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. bought a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 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.