Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Sees Significant Growth in Short Interest

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 101,700 shares, a growth of 40.9% from the November 30th total of 72,200 shares. Based on an average trading volume of 306,300 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. MML Investors Services LLC grew its position in shares of Eaton Vance Limited Duration Income Fund by 10.1% during the 3rd quarter. MML Investors Services LLC now owns 35,265 shares of the company’s stock worth $371,000 after purchasing an additional 3,244 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in Eaton Vance Limited Duration Income Fund during the third quarter worth approximately $547,000. Stifel Financial Corp increased its stake in Eaton Vance Limited Duration Income Fund by 10.8% during the 3rd quarter. Stifel Financial Corp now owns 351,494 shares of the company’s stock worth $3,694,000 after acquiring an additional 34,207 shares during the period. Benjamin Edwards Inc. bought a new position in Eaton Vance Limited Duration Income Fund during the 3rd quarter worth $1,475,000. Finally, Horizon Kinetics Asset Management LLC raised its holdings in Eaton Vance Limited Duration Income Fund by 26.2% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 15,668 shares of the company’s stock valued at $165,000 after acquiring an additional 3,251 shares in the last quarter.

Eaton Vance Limited Duration Income Fund Price Performance

Shares of EVV stock traded down $0.08 on Monday, hitting $9.82. The stock had a trading volume of 376,586 shares, compared to its average volume of 326,253. Eaton Vance Limited Duration Income Fund has a twelve month low of $9.22 and a twelve month high of $10.55.

Eaton Vance Limited Duration Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were issued a dividend of $0.0794 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 9.70%. The ex-dividend date was Thursday, December 12th.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.