Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Get Free Report) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 2,959 shares, a drop of 46.1% from the July 30th total of 5,490 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 5,074 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Investors Weigh In On Eaton Vance High Income Municipal ETF
An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc purchased a new position in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF at the end of the most recent quarter.
Eaton Vance High Income Municipal ETF Stock Down 0.7%
Shares of EVYM traded down $0.33 during trading hours on Monday, hitting $49.39. 10,314 shares of the stock were exchanged, compared to its average volume of 5,179. Eaton Vance High Income Municipal ETF has a 12-month low of $47.69 and a 12-month high of $51.22. The stock’s 50-day moving average price is $50.41 and its two-hundred day moving average price is $50.38.
Eaton Vance High Income Municipal ETF Cuts Dividend
About Eaton Vance High Income Municipal ETF
The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.
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