Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Short Interest Update

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 39,457 shares, an increase of 61.8% from the August 31st total of 24,379 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 147,889 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Eaton Vance Short Duration Municipal Income ETF

Hedge funds have recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV purchased a new position in Eaton Vance Short Duration Municipal Income ETF in the 1st quarter worth $250,000. FSA Advisors Inc. grew its stake in Eaton Vance Short Duration Municipal Income ETF by 12.1% during the 1st quarter. FSA Advisors Inc. now owns 18,955 shares of the company’s stock valued at $951,000 after purchasing an additional 2,040 shares during the last quarter. Nemes Rush Group LLC grew its stake in Eaton Vance Short Duration Municipal Income ETF by 61.4% during the 4th quarter. Nemes Rush Group LLC now owns 32,233 shares of the company’s stock valued at $1,624,000 after purchasing an additional 12,261 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Short Duration Municipal Income ETF by 12.6% in the first quarter. Janney Montgomery Scott LLC now owns 41,656 shares of the company’s stock valued at $2,091,000 after purchasing an additional 4,670 shares during the period. Finally, Bessemer Group Inc. acquired a new position in shares of Eaton Vance Short Duration Municipal Income ETF in the first quarter valued at about $2,301,000.

Eaton Vance Short Duration Municipal Income ETF Trading Up 0.2%

Eaton Vance Short Duration Municipal Income ETF stock traded up $0.08 during mid-day trading on Wednesday, reaching $49.16. 427,810 shares of the company traded hands, compared to its average volume of 119,881. Eaton Vance Short Duration Municipal Income ETF has a fifty-two week low of $49.03 and a fifty-two week high of $50.88. The firm’s fifty day moving average is $49.94 and its two-hundred day moving average is $50.19.

Eaton Vance Short Duration Municipal Income ETF Company Profile

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.