Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Update

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 51,524 shares, an increase of 60.7% from the August 15th total of 32,067 shares. Based on an average trading volume of 131,232 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Eaton Vance Municipal Bond Fund

Several hedge funds have recently bought and sold shares of the stock. Robinson Capital Management LLC increased its holdings in shares of Eaton Vance Municipal Bond Fund by 0.6% during the 2nd quarter. Robinson Capital Management LLC now owns 1,041,484 shares of the company’s stock valued at $10,378,000 after purchasing an additional 6,246 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Eaton Vance Municipal Bond Fund in the second quarter worth about $51,000. Baird Financial Group Inc. boosted its stake in shares of Eaton Vance Municipal Bond Fund by 131.6% during the 2nd quarter. Baird Financial Group Inc. now owns 41,135 shares of the company’s stock worth $410,000 after acquiring an additional 23,374 shares in the last quarter. Waverly Advisors LLC grew its position in shares of Eaton Vance Municipal Bond Fund by 12.0% during the 2nd quarter. Waverly Advisors LLC now owns 24,950 shares of the company’s stock valued at $248,000 after acquiring an additional 2,671 shares during the period. Finally, Readystate Asset Management LP purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 2nd quarter valued at about $605,000.

Eaton Vance Municipal Bond Fund Trading Up 1.2%

Shares of Eaton Vance Municipal Bond Fund stock traded up $0.11 during trading on Thursday, hitting $9.16. 316,050 shares of the company’s stock were exchanged, compared to its average volume of 145,015. Eaton Vance Municipal Bond Fund has a 52-week low of $9.04 and a 52-week high of $10.07. The business has a 50-day simple moving average of $9.61 and a 200-day simple moving average of $9.75.

Eaton Vance Municipal Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.0508 per share. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Municipal Bond Fund Company Profile

The Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from regular United States federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. It may also hold tender option bonds and other municipal derivatives to help manage duration and enhance yield.

Managed by Eaton Vance Management, a leading asset management firm with a history dating back to 1924, the fund leverages the firm’s experience in fixed-income investing.