Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Grows By 135.3%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 32,000 shares, an increase of 135.3% from the February 28th total of 13,600 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average trading volume of 37,100 shares, the days-to-cover ratio is presently 0.9 days.

Eaton Vance Short Duration Income ETF Stock Up 0.2 %

EVSD stock traded up $0.09 during trading on Friday, reaching $50.99. The company had a trading volume of 4,037 shares, compared to its average volume of 24,446. Eaton Vance Short Duration Income ETF has a twelve month low of $49.68 and a twelve month high of $51.27. The firm has a 50-day simple moving average of $50.77 and a 200-day simple moving average of $50.68.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Friday, February 28th were paid a dividend of $0.1927 per share. The ex-dividend date was Friday, February 28th.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

An institutional investor recently raised its position in Eaton Vance Short Duration Income ETF stock. Janney Montgomery Scott LLC raised its position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) by 54.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,826 shares of the company’s stock after purchasing an additional 5,935 shares during the quarter. Janney Montgomery Scott LLC owned 0.39% of Eaton Vance Short Duration Income ETF worth $849,000 at the end of the most recent reporting period.

About Eaton Vance Short Duration Income ETF

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.