Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,379 shares, an increase of 555.4% from the September 30th total of 363 shares. Based on an average daily trading volume, of 14,427 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.
Eaton Vance High Income Municipal ETF Price Performance
NASDAQ:EVYM traded down $0.09 on Tuesday, hitting $48.10. The company had a trading volume of 5,418 shares, compared to its average volume of 7,208. Eaton Vance High Income Municipal ETF has a 52 week low of $46.34 and a 52 week high of $51.22. The firm has a 50 day moving average of $48.22 and a two-hundred day moving average of $49.84.
Eaton Vance High Income Municipal ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Wednesday, September 30th were issued a $0.2076 dividend. The ex-dividend date was Wednesday, September 30th. This is a drop from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2117. This represents a $2.49 annualized dividend and a yield of 5.2%.
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.
Further Reading
- Five stocks we like better than Eaton Vance High Income Municipal ETF
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
- Off-Price, High-Yield: Why Ross Stores Is Defying the Retail Slump
- Whirlpool’s Stock Collapse Raises a Bigger Question About Its Recovery Potential
- Analysts Turn Bullish on Meta Platforms Despite Post-Earnings Fall
Receive News & Ratings for Eaton Vance High Income Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance High Income Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
