Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Shares Shorted: Short Interest Up 1,556.9% in October

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 155,900 shares, an increase of 1,556.9% from the October 15th total of 9,409 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 238,143 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Eaton Vance Short Duration Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nemes Rush Group LLC bought a new stake in Eaton Vance Short Duration Income ETF during the 3rd quarter valued at approximately $11,493,000. Vestor Capital LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter worth approximately $75,000. Studio Investment Management LLC bought a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $517,000. Prism Advisors Inc. bought a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $16,667,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $110,000.

Eaton Vance Short Duration Income ETF Stock Down 0.4%

NASDAQ EVSD traded down $0.18 during trading on Tuesday, hitting $50.08. The company had a trading volume of 166,481 shares, compared to its average volume of 185,042. The company’s fifty day moving average is $50.16 and its 200-day moving average is $50.85. Eaton Vance Short Duration Income ETF has a one year low of $49.73 and a one year high of $51.70.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Friday, October 30th were given a dividend of $0.2299 per share. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.2073. This represents a $2.76 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Friday, October 30th.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.