Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Sees Significant Growth in Short Interest

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 78,300 shares, a growth of 57.9% from the February 28th total of 49,600 shares. Based on an average trading volume of 63,100 shares, the short-interest ratio is currently 1.2 days.

Eaton Vance California Municipal Bond Fund Stock Performance

NYSEAMERICAN EVM remained flat at $9.31 on Friday. 43,022 shares of the company’s stock were exchanged, compared to its average volume of 58,038. Eaton Vance California Municipal Bond Fund has a one year low of $9.08 and a one year high of $9.81. The company’s 50 day moving average is $9.34.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.