Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Decreases By 82.3%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 12,651 shares, a decrease of 82.3% from the April 30th total of 71,577 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 133,007 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Eaton Vance Short Duration Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at $15,875,000. Prism Advisors Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 1st quarter valued at $15,230,000. Janney Montgomery Scott LLC lifted its holdings in shares of Eaton Vance Short Duration Income ETF by 3.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock valued at $10,336,000 after purchasing an additional 7,623 shares during the last quarter. Nemes Rush Group LLC raised its stake in Eaton Vance Short Duration Income ETF by 3.6% in the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares during the last quarter. Finally, Eldridge Investment Advisors Inc. raised its stake in Eaton Vance Short Duration Income ETF by 145.7% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after acquiring an additional 33,145 shares during the last quarter.

Eaton Vance Short Duration Income ETF Stock Performance

Eaton Vance Short Duration Income ETF stock opened at $51.08 on Thursday. The business has a fifty day moving average of $51.06 and a two-hundred day moving average of $51.34. Eaton Vance Short Duration Income ETF has a twelve month low of $50.73 and a twelve month high of $51.72.

Eaton Vance Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Thursday, April 30th were issued a dividend of $0.1889 per share. The ex-dividend date was Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.18.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.