Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Increases By 394.1%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 91,863 shares, a growth of 394.1% from the June 30th total of 18,591 shares. Based on an average daily trading volume, of 337,698 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Limited Duration Income Fund

A number of institutional investors have recently added to or reduced their stakes in the business. Arax Advisory Partners acquired a new stake in Eaton Vance Limited Duration Income Fund in the 4th quarter valued at $38,000. Ellis Investment Partners LLC acquired a new position in shares of Eaton Vance Limited Duration Income Fund during the fourth quarter worth about $101,000. Western Wealth Management LLC purchased a new stake in shares of Eaton Vance Limited Duration Income Fund in the fourth quarter worth about $111,000. Williams Jones Wealth Management LLC. acquired a new stake in shares of Eaton Vance Limited Duration Income Fund in the fourth quarter valued at about $134,000. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of Eaton Vance Limited Duration Income Fund by 11.2% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 14,434 shares of the company’s stock valued at $147,000 after buying an additional 1,448 shares during the period.

Eaton Vance Limited Duration Income Fund Price Performance

EVV traded down $0.03 during trading on Friday, hitting $9.08. 312,396 shares of the company’s stock were exchanged, compared to its average volume of 350,721. Eaton Vance Limited Duration Income Fund has a 1 year low of $8.97 and a 1 year high of $10.41. The stock has a 50 day moving average price of $9.28 and a 200 day moving average price of $9.52.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Tuesday, July 14th were issued a dividend of $0.0706 per share. The ex-dividend date was Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 9.3%.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.