Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Short Interest Update

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 246,687 shares, a drop of 20.4% from the December 15th total of 309,863 shares. Based on an average daily volume of 66,822 shares, the short-interest ratio is currently 3.7 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 66,822 shares, the short-interest ratio is currently 3.7 days.

Eaton Vance Floating Rate ETF Trading Up 0.1%

EVLN traded up $0.05 during midday trading on Monday, hitting $49.63. The company had a trading volume of 128,803 shares, compared to its average volume of 91,646. Eaton Vance Floating Rate ETF has a 52 week low of $48.21 and a 52 week high of $50.70. The stock’s 50 day moving average price is $49.60 and its 200 day moving average price is $49.77.

Institutional Trading of Eaton Vance Floating Rate ETF

An institutional investor recently bought a new position in Eaton Vance Floating Rate ETF stock. Flow Traders U.S. LLC bought a new position in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,645 shares of the company’s stock, valued at approximately $1,174,000. Flow Traders U.S. LLC owned about 0.08% of Eaton Vance Floating Rate ETF as of its most recent filing with the Securities & Exchange Commission.

About Eaton Vance Floating Rate ETF

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.