Short Interest in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Declines By 73.7%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 2,743 shares, a decrease of 73.7% from the April 15th total of 10,446 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 5,217 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Eaton Vance High Income Municipal ETF

A hedge fund recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc acquired a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent SEC filing.

Eaton Vance High Income Municipal ETF Stock Performance

Shares of Eaton Vance High Income Municipal ETF stock traded down $0.18 on Friday, hitting $50.04. The company had a trading volume of 6,141 shares, compared to its average volume of 5,038. Eaton Vance High Income Municipal ETF has a 1 year low of $47.47 and a 1 year high of $51.01. The stock has a 50 day moving average of $50.21 and a 200-day moving average of $50.17.

Eaton Vance High Income Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Thursday, April 30th were paid a $0.2103 dividend. The ex-dividend date of this dividend was Thursday, April 30th.

About Eaton Vance High Income Municipal ETF

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.