Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Up 52.5% in July

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,490 shares, an increase of 52.5% from the July 15th total of 3,599 shares. Based on an average daily volume of 5,509 shares, the short-interest ratio is presently 1.0 days. Currently, 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc purchased a new position in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the SEC.

Eaton Vance High Income Municipal ETF Trading Down 0.3%

Shares of NASDAQ:EVYM traded down $0.16 during mid-day trading on Tuesday, reaching $49.86. The company had a trading volume of 2,996 shares, compared to its average volume of 5,177. Eaton Vance High Income Municipal ETF has a one year low of $47.69 and a one year high of $51.22. The company’s 50-day moving average price is $50.56 and its 200-day moving average price is $50.40.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Friday, July 31st were paid a $0.2135 dividend. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 5.1%.

Eaton Vance High Income Municipal ETF Company Profile

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.