Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Short Interest Down 89.4% in July

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,557 shares, a drop of 89.4% from the July 15th total of 33,463 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 22,416 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance Ultra-Short Income ETF Trading Up 0.1%

Shares of Eaton Vance Ultra-Short Income ETF stock traded up $0.03 during midday trading on Wednesday, hitting $50.86. 33,353 shares of the company traded hands, compared to its average volume of 55,399. The firm’s fifty day moving average price is $50.84 and its 200-day moving average price is $50.88. Eaton Vance Ultra-Short Income ETF has a 12 month low of $50.62 and a 12 month high of $51.21.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. bought a new position in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned approximately 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.