Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Short Interest Update

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 16,654 shares, an increase of 100.8% from the July 30th total of 8,294 shares. Based on an average trading volume of 34,111 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short.

Eaton Vance Intermediate Municipal Income ETF Price Performance

Shares of NYSEARCA:EVIM traded down $0.07 during midday trading on Friday, hitting $52.29. 20,662 shares of the stock were exchanged, compared to its average volume of 31,019. Eaton Vance Intermediate Municipal Income ETF has a 52-week low of $51.31 and a 52-week high of $54.21. The business’s fifty day simple moving average is $52.79 and its two-hundred day simple moving average is $53.02.

Institutional Trading of Eaton Vance Intermediate Municipal Income ETF

A number of institutional investors have recently made changes to their positions in EVIM. Janney Montgomery Scott LLC grew its position in Eaton Vance Intermediate Municipal Income ETF by 22.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,744 shares of the company’s stock valued at $305,000 after purchasing an additional 1,060 shares in the last quarter. FSA Advisors Inc. lifted its position in Eaton Vance Intermediate Municipal Income ETF by 61.2% during the 1st quarter. FSA Advisors Inc. now owns 10,939 shares of the company’s stock worth $575,000 after buying an additional 4,153 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Eaton Vance Intermediate Municipal Income ETF during the 3rd quarter worth about $425,000.

Eaton Vance Intermediate Municipal Income ETF Company Profile

The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.