Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Update

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 145,412 shares, an increase of 244.7% from the April 15th total of 42,183 shares. Based on an average trading volume of 111,352 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Eaton Vance Municipal Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. CWM LLC bought a new stake in Eaton Vance Municipal Bond Fund in the 4th quarter valued at $25,000. First Command Advisory Services Inc. purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 4th quarter worth $39,000. Elyxium Wealth LLC purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 4th quarter worth $43,000. Hollencrest Capital Management purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 4th quarter worth $49,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 3rd quarter worth $88,000.

Eaton Vance Municipal Bond Fund Stock Performance

NYSEAMERICAN EIM remained flat at $9.91 on Thursday. 89,076 shares of the company’s stock were exchanged, compared to its average volume of 143,362. The stock’s 50 day moving average is $9.84 and its 200 day moving average is $9.87. Eaton Vance Municipal Bond Fund has a one year low of $9.41 and a one year high of $10.54.

Eaton Vance Municipal Bond Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.0508 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Friday, May 15th.

Eaton Vance Municipal Bond Fund Company Profile

The Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from regular United States federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. It may also hold tender option bonds and other municipal derivatives to help manage duration and enhance yield.

Managed by Eaton Vance Management, a leading asset management firm with a history dating back to 1924, the fund leverages the firm’s experience in fixed-income investing.