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 the month of 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. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

A hedge fund recently raised its stake in Eaton Vance Short Duration Income ETF stock. Janney Montgomery Scott LLC increased its position in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) by 54.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,826 shares of the company’s stock after acquiring an additional 5,935 shares during the period. Janney Montgomery Scott LLC owned approximately 0.39% of Eaton Vance Short Duration Income ETF worth $849,000 at the end of the most recent reporting period.

Eaton Vance Short Duration Income ETF Stock Up 0.2 %

EVSD stock traded up $0.09 during trading on Friday, hitting $50.99. 4,037 shares of the company’s stock traded hands, compared to its average volume of 24,446. The stock has a fifty day moving average price of $50.76 and a two-hundred day moving average price of $50.68. Eaton Vance Short Duration Income ETF has a 52 week low of $49.68 and a 52 week high of $51.27.

Eaton Vance Short Duration Income ETF Cuts Dividend

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

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.