Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Increases By 206.8%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,829 shares, a growth of 206.8% from the August 15th total of 3,530 shares. Based on an average trading volume of 18,117 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Eaton Vance Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:EVSB traded up $0.04 during mid-day trading on Monday, hitting $50.79. The stock had a trading volume of 26,661 shares, compared to its average volume of 55,220. The company’s 50 day moving average is $50.85 and its 200-day moving average is $50.85. Eaton Vance Ultra-Short Income ETF has a 12-month low of $50.62 and a 12-month high of $51.21.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.