Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Short Interest Down 78.1% in June

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,544 shares, a drop of 78.1% from the May 31st total of 20,712 shares. Based on an average daily trading volume, of 56,426 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. bought a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned 0.22% of Eaton Vance Ultra-Short Income ETF at the end of the most recent quarter.

Eaton Vance Ultra-Short Income ETF Price Performance

Eaton Vance Ultra-Short Income ETF stock opened at $50.93 on Friday. The stock’s 50 day moving average price is $50.86 and its 200 day moving average price is $50.90. Eaton Vance Ultra-Short Income ETF has a one year low of $50.70 and a one year high of $51.21.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.