Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Down 14.5% in February

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 57,700 shares, a decrease of 14.5% from the February 13th total of 67,500 shares. Based on an average daily trading volume, of 39,600 shares, the short-interest ratio is currently 1.5 days.

Eaton Vance Short Duration Diversified Income Fund Price Performance

Shares of NYSE:EVG traded up $0.02 during trading on Wednesday, hitting $10.96. The company had a trading volume of 16,794 shares, compared to its average volume of 38,492. Eaton Vance Short Duration Diversified Income Fund has a one year low of $10.29 and a one year high of $11.45. The company has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $11.12.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.0743 per share. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07. This represents a $0.89 annualized dividend and a yield of 8.14%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Eaton Vance Short Duration Diversified Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital Market Strategies LLC grew its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 7.2% in the 4th quarter. Capital Market Strategies LLC now owns 20,260 shares of the company’s stock valued at $221,000 after buying an additional 1,365 shares during the period. Tallon Kerry Patrick acquired a new stake in Eaton Vance Short Duration Diversified Income Fund during the 4th quarter worth approximately $244,000. Stifel Financial Corp lifted its holdings in Eaton Vance Short Duration Diversified Income Fund by 10.0% during the 3rd quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock worth $247,000 after buying an additional 2,011 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Eaton Vance Short Duration Diversified Income Fund by 20.9% in the 4th quarter. Wells Fargo & Company MN now owns 52,719 shares of the company’s stock valued at $576,000 after purchasing an additional 9,116 shares during the last quarter. Finally, Guggenheim Capital LLC increased its position in shares of Eaton Vance Short Duration Diversified Income Fund by 1.7% in the 4th quarter. Guggenheim Capital LLC now owns 79,689 shares of the company’s stock valued at $870,000 after purchasing an additional 1,312 shares during the last quarter.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.