Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Short Interest Down 13.7% in February

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 101,700 shares, a drop of 13.7% from the February 13th total of 117,900 shares. Based on an average daily trading volume, of 288,300 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Limited Duration Income Fund Trading Up 0.8 %

Shares of EVV opened at $10.10 on Friday. The stock’s fifty day moving average price is $10.07. Eaton Vance Limited Duration Income Fund has a 12-month low of $9.22 and a 12-month high of $10.55.

Eaton Vance Limited Duration Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 13th will be given a $0.0739 dividend. This is an increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.07. This represents a $0.89 dividend on an annualized basis and a dividend yield of 8.78%. The ex-dividend date is Thursday, March 13th.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

A number of institutional investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC grew its stake in Eaton Vance Limited Duration Income Fund by 8.1% during the 4th quarter. Flagship Harbor Advisors LLC now owns 73,468 shares of the company’s stock worth $718,000 after buying an additional 5,500 shares during the last quarter. Merit Financial Group LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 22.6% during the fourth quarter. Merit Financial Group LLC now owns 59,092 shares of the company’s stock valued at $577,000 after acquiring an additional 10,910 shares during the period. Melfa Wealth Management Inc. grew its position in shares of Eaton Vance Limited Duration Income Fund by 5.1% during the fourth quarter. Melfa Wealth Management Inc. now owns 100,177 shares of the company’s stock worth $979,000 after acquiring an additional 4,845 shares during the last quarter. Kanen Wealth Management LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund in the 4th quarter worth about $2,240,000. Finally, Capital Investment Advisors LLC lifted its position in Eaton Vance Limited Duration Income Fund by 8.3% in the 4th quarter. Capital Investment Advisors LLC now owns 899,610 shares of the company’s stock valued at $8,789,000 after purchasing an additional 68,990 shares during the last quarter.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.