Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Short Interest Update

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totaling 16,073 shares, a drop of 65.1% from the March 15th total of 46,076 shares. Based on an average daily trading volume, of 103,649 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.4% of the company’s stock are sold short.

Eaton Vance Ultra-Short Income ETF Price Performance

Shares of EVSB stock traded up $0.02 during trading hours on Friday, reaching $50.83. The company had a trading volume of 36,044 shares, compared to its average volume of 74,617. Eaton Vance Ultra-Short Income ETF has a twelve month low of $50.54 and a twelve month high of $51.26. The stock’s fifty day simple moving average is $50.90 and its 200 day simple moving average is $50.97.

Eaton Vance Ultra-Short Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a $0.2051 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from Eaton Vance Ultra-Short Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Friday, February 27th.

Institutional Investors Weigh In On Eaton Vance Ultra-Short Income ETF

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

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.