Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Short Interest Update

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 51,246 shares, an increase of 179.5% from the February 26th total of 18,336 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 97,829 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 97,829 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the company are sold short.

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

A number of large investors have recently modified their holdings of EVSM. Advisory Services Network LLC boosted its stake in shares of Eaton Vance Short Duration Municipal Income ETF by 18.2% in the fourth quarter. Advisory Services Network LLC now owns 4,689 shares of the company’s stock valued at $236,000 after buying an additional 721 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Eaton Vance Short Duration Municipal Income ETF by 26.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 36,986 shares of the company’s stock worth $1,863,000 after acquiring an additional 7,687 shares in the last quarter. Nemes Rush Group LLC raised its position in Eaton Vance Short Duration Municipal Income ETF by 61.4% in the fourth quarter. Nemes Rush Group LLC now owns 32,233 shares of the company’s stock worth $1,624,000 after acquiring an additional 12,261 shares in the last quarter. Diversified Portfolios Inc. lifted its holdings in Eaton Vance Short Duration Municipal Income ETF by 163.7% in the fourth quarter. Diversified Portfolios Inc. now owns 63,765 shares of the company’s stock valued at $3,212,000 after acquiring an additional 39,585 shares during the period. Finally, BlueStem Wealth Partners LLC acquired a new stake in Eaton Vance Short Duration Municipal Income ETF in the fourth quarter valued at $1,485,000.

Eaton Vance Short Duration Municipal Income ETF Trading Up 0.1%

Shares of Eaton Vance Short Duration Municipal Income ETF stock traded up $0.06 on Wednesday, reaching $50.27. 78,765 shares of the stock were exchanged, compared to its average volume of 92,782. Eaton Vance Short Duration Municipal Income ETF has a 1-year low of $48.63 and a 1-year high of $50.88. The business has a fifty day moving average price of $50.63 and a two-hundred day moving average price of $50.51.

Eaton Vance Short Duration Municipal Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were given a dividend of $0.1151 per share. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, February 27th. This is a positive change from Eaton Vance Short Duration Municipal Income ETF’s previous monthly dividend of $0.11.

Eaton Vance Short Duration Municipal Income ETF Company Profile

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.