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

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 53,800 shares, an increase of 123.2% from the December 31st total of 24,100 shares. Based on an average trading volume of 83,500 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance California Municipal Bond Fund Stock Performance

Shares of NYSEAMERICAN:EVM traded up $0.01 during trading on Friday, hitting $9.44. The company’s stock had a trading volume of 51,781 shares, compared to its average volume of 56,329. Eaton Vance California Municipal Bond Fund has a fifty-two week low of $9.08 and a fifty-two week high of $9.81.

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.