Short Interest in Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Rises By 57.9%

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 78,300 shares, an increase of 57.9% from the February 28th total of 49,600 shares. Based on an average daily trading volume, of 63,100 shares, the days-to-cover ratio is presently 1.2 days.

Eaton Vance California Municipal Bond Fund Price Performance

Shares of NYSEAMERICAN:EVM remained flat at $9.31 during midday trading on Friday. 43,022 shares of the stock were exchanged, compared to its average volume of 58,038. The stock’s 50 day simple moving average is $9.34. Eaton Vance California Municipal Bond Fund has a one year low of $9.08 and a one year high of $9.81.

Eaton Vance California Municipal Bond Fund Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.