Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Shares Shorted: Short Interest Down 63.5% in October

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 17,308 shares, a decline of 63.5% from the September 30th total of 47,389 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 214,921 shares, the short-interest ratio is currently 0.1 days.

Eaton Vance Intermediate Municipal Income ETF Stock Up 0.0%

EVIM traded up $0.01 during midday trading on Friday, reaching $51.76. The company had a trading volume of 72,656 shares, compared to its average volume of 53,528. Eaton Vance Intermediate Municipal Income ETF has a 12-month low of $49.91 and a 12-month high of $54.21. The business has a 50-day moving average price of $51.22 and a two-hundred day moving average price of $52.63.

Institutional Trading of Eaton Vance Intermediate Municipal Income ETF

An institutional investor recently raised its position in Eaton Vance Intermediate Municipal Income ETF stock. FSA Advisors Inc. grew its position in shares of Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) by 61.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,939 shares of the company’s stock after buying an additional 4,153 shares during the period. FSA Advisors Inc. owned 0.27% of Eaton Vance Intermediate Municipal Income ETF worth $575,000 at the end of the most recent reporting period.

Eaton Vance Intermediate Municipal Income ETF Company Profile

The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.