Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 19,334 shares, a drop of 68.1% from the June 15th total of 60,628 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 118,571 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance Short Duration Income ETF Trading Down 0.1%

Shares of EVSD traded down $0.06 during mid-day trading on Monday, reaching $50.77. The company’s stock had a trading volume of 23,249 shares, compared to its average volume of 157,467. Eaton Vance Short Duration Income ETF has a 52 week low of $50.76 and a 52 week high of $51.72. The company’s fifty day moving average price is $50.94 and its two-hundred day moving average price is $51.21.

Eaton Vance Short Duration Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were given a $0.1902 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, June 30th.

Institutional Trading of Eaton Vance Short Duration Income ETF

Institutional investors have recently added to or reduced their stakes in the business. Prism Advisors Inc. bought a new position in shares of Eaton Vance Short Duration Income ETF during the first quarter valued at about $15,230,000. Janney Montgomery Scott LLC lifted its stake in shares of Eaton Vance Short Duration Income ETF by 3.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock valued at $10,336,000 after acquiring an additional 7,623 shares during the last quarter. First American Bank purchased a new stake in Eaton Vance Short Duration Income ETF during the 1st quarter valued at about $571,000. Eldridge Investment Advisors Inc. boosted its holdings in Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after acquiring an additional 33,145 shares during the period. Finally, Nemes Rush Group LLC boosted its holdings in Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock valued at $10,091,000 after acquiring an additional 6,833 shares during the period.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.