Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Stock Short Interest Rises 555.4%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 2,379 shares, an increase of 555.4% from the September 30th total of 363 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 14,427 shares, the days-to-cover ratio is currently 0.2 days.

Eaton Vance High Income Municipal ETF Trading Up 0.1%

Eaton Vance High Income Municipal ETF stock traded up $0.03 during midday trading on Thursday, reaching $48.14. The company’s stock had a trading volume of 4,632 shares, compared to its average volume of 8,387. Eaton Vance High Income Municipal ETF has a 52-week low of $46.34 and a 52-week high of $51.22. The stock’s 50-day simple moving average is $48.15 and its 200-day simple moving average is $49.82.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.2076 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.49 dividend on an annualized basis and a yield of 5.2%. This is a decrease from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2117.

Eaton Vance High Income Municipal ETF Company Profile

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.