Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Sees Large Growth in Short Interest

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 17,400 shares, an increase of 10.8% from the October 15th total of 15,700 shares. Based on an average daily volume of 62,800 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance California Municipal Bond Fund Stock Performance

NYSEAMERICAN:EVM traded down $0.05 during mid-day trading on Monday, reaching $9.38. 171,488 shares of the company’s stock traded hands, compared to its average volume of 50,996. Eaton Vance California Municipal Bond Fund has a 12-month low of $8.63 and a 12-month high of $9.81.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.