Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Down 14.5% in February

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 57,700 shares, a decline of 14.5% from the February 13th total of 67,500 shares. Based on an average daily trading volume, of 39,600 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Eaton Vance Short Duration Diversified Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Guggenheim Capital LLC lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 1.7% during the fourth quarter. Guggenheim Capital LLC now owns 79,689 shares of the company’s stock worth $870,000 after purchasing an additional 1,312 shares in the last quarter. Capital Market Strategies LLC lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 7.2% during the fourth quarter. Capital Market Strategies LLC now owns 20,260 shares of the company’s stock worth $221,000 after purchasing an additional 1,365 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% during the third quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock worth $247,000 after purchasing an additional 2,011 shares in the last quarter. Invesco Ltd. lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 2.0% during the fourth quarter. Invesco Ltd. now owns 143,282 shares of the company’s stock worth $1,565,000 after purchasing an additional 2,847 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 20.9% during the fourth quarter. Wells Fargo & Company MN now owns 52,719 shares of the company’s stock worth $576,000 after purchasing an additional 9,116 shares in the last quarter.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

NYSE:EVG opened at $10.94 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 12 month low of $10.29 and a 12 month high of $11.45. The company’s 50-day moving average price is $11.07 and its two-hundred day moving average price is $11.12.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0743 dividend. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07. This represents a $0.89 dividend on an annualized basis and a yield of 8.15%.

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.