Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Short Interest Down 77.3% in May

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,460 shares, a decrease of 77.3% from the April 30th total of 10,834 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 100,658 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Eaton Vance Short Duration Municipal Income ETF

Large investors have recently added to or reduced their stakes in the stock. Diversified Portfolios Inc. raised its position in Eaton Vance Short Duration Municipal Income ETF by 163.7% during the fourth quarter. Diversified Portfolios Inc. now owns 63,765 shares of the company’s stock worth $3,212,000 after acquiring an additional 39,585 shares during the period. BlueStem Wealth Partners LLC acquired a new position in Eaton Vance Short Duration Municipal Income ETF during the fourth quarter worth $1,485,000. Nemes Rush Group LLC acquired a new position in Eaton Vance Short Duration Municipal Income ETF during the third quarter worth $1,007,000. Sunflower Bank N.A. acquired a new position in Eaton Vance Short Duration Municipal Income ETF during the fourth quarter worth $9,611,000. Finally, FSA Advisors Inc. raised its position in Eaton Vance Short Duration Municipal Income ETF by 79.6% during the third quarter. FSA Advisors Inc. now owns 8,632 shares of the company’s stock worth $435,000 after acquiring an additional 3,825 shares during the period.

Eaton Vance Short Duration Municipal Income ETF Stock Performance

NYSEARCA:EVSM traded down $0.08 during trading hours on Friday, reaching $50.26. 114,253 shares of the company were exchanged, compared to its average volume of 98,757. The stock’s 50-day moving average is $50.30 and its 200-day moving average is $50.44. Eaton Vance Short Duration Municipal Income ETF has a twelve month low of $49.72 and a twelve month high of $50.88.

About Eaton Vance Short Duration Municipal Income ETF

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.