Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Rises By 16.1%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 47,700 shares, an increase of 16.1% from the May 31st total of 41,100 shares. Based on an average daily volume of 305,700 shares, the days-to-cover ratio is currently 0.2 days.

Eaton Vance Limited Duration Income Fund Stock Performance

NYSEAMERICAN:EVV opened at $9.70 on Wednesday. Eaton Vance Limited Duration Income Fund has a one year low of $8.52 and a one year high of $10.00.

Eaton Vance Limited Duration Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Thursday, July 11th will be issued a $0.0791 dividend. This represents a $0.95 annualized dividend and a yield of 9.79%. This is a positive change from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.08. The ex-dividend date is Thursday, July 11th.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Hedge funds have recently modified their holdings of the company. WMG Financial Advisors LLC purchased a new stake in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth about $113,000. Cornerstone Wealth Group LLC acquired a new position in shares of Eaton Vance Limited Duration Income Fund during the 1st quarter worth about $121,000. Summit Financial LLC acquired a new position in shares of Eaton Vance Limited Duration Income Fund during the 1st quarter worth about $168,000. Riverbridge Partners LLC raised its position in shares of Eaton Vance Limited Duration Income Fund by 8.9% during the 1st quarter. Riverbridge Partners LLC now owns 19,009 shares of the company’s stock worth $185,000 after purchasing an additional 1,550 shares during the last quarter. Finally, Verity Asset Management Inc. acquired a new position in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth about $189,000.

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.