Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Up 12.3% in December

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 124,500 shares, a growth of 12.3% from the November 30th total of 110,900 shares. Based on an average daily trading volume, of 46,900 shares, the days-to-cover ratio is presently 2.7 days.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.7 %

Eaton Vance Short Duration Diversified Income Fund stock traded up $0.08 during mid-day trading on Wednesday, reaching $10.92. The company had a trading volume of 72,049 shares, compared to its average volume of 41,155. The stock’s 50-day simple moving average is $11.13 and its 200-day simple moving average is $11.08. Eaton Vance Short Duration Diversified Income Fund has a 1 year low of $10.29 and a 1 year high of $11.45.

Eaton Vance Short Duration Diversified Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.0794 dividend. This represents a $0.95 annualized dividend and a yield of 8.73%. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Eaton Vance Short Duration Diversified Income Fund

A number of institutional investors have recently bought and sold shares of the company. Luken Investment Analytics LLC acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the 2nd quarter worth $32,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the second quarter valued at about $119,000. FSA Advisors Inc. lifted its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 12.2% in the second quarter. FSA Advisors Inc. now owns 17,698 shares of the company’s stock valued at $191,000 after purchasing an additional 1,921 shares in the last quarter. Stifel Financial Corp grew its position in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% in the third quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock valued at $247,000 after purchasing an additional 2,011 shares during the last quarter. Finally, Shaker Financial Services LLC increased its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 14.3% during the 3rd quarter. Shaker Financial Services LLC now owns 39,473 shares of the company’s stock worth $441,000 after purchasing an additional 4,951 shares in the last quarter.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.