Eaton Vance High Yield ETF (NYSEARCA:EVHY) Short Interest Update

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 2,303 shares, a decrease of 77.8% from the February 12th total of 10,389 shares. Based on an average daily volume of 2,854 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 2,854 shares, the short-interest ratio is currently 0.8 days.

Eaton Vance High Yield ETF Stock Performance

NYSEARCA:EVHY traded down $0.04 during trading hours on Tuesday, reaching $52.55. The stock had a trading volume of 2,190 shares, compared to its average volume of 4,948. The stock has a 50 day simple moving average of $53.03 and a 200 day simple moving average of $53.20. Eaton Vance High Yield ETF has a 12-month low of $50.26 and a 12-month high of $53.63.

Eaton Vance High Yield ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a dividend of $0.2463 per share. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.6%.

About Eaton Vance High Yield ETF

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.