Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Significant Drop in Short Interest

Eaton Vance Short Duration Income ETF (NASDAQ:EVSDGet Free Report) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 13,600 shares, a drop of 15.5% from the February 13th total of 16,100 shares. Based on an average daily volume of 34,600 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Eaton Vance Short Duration Income ETF Price Performance

Shares of NASDAQ EVSD opened at $50.91 on Thursday. Eaton Vance Short Duration Income ETF has a 1 year low of $49.68 and a 1 year high of $51.27. The firm has a 50-day simple moving average of $50.71 and a two-hundred day simple moving average of $50.67.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Friday, February 28th were given a $0.1927 dividend. The ex-dividend date was Friday, February 28th.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

An institutional investor recently raised its position in Eaton Vance Short Duration Income ETF stock. Janney Montgomery Scott LLC lifted its position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSDFree Report) by 54.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,826 shares of the company’s stock after acquiring an additional 5,935 shares during the quarter. Janney Montgomery Scott LLC owned 0.39% of Eaton Vance Short Duration Income ETF worth $849,000 as of its most recent SEC filing.

Eaton Vance Short Duration Income ETF Company Profile

(Get Free Report)

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.

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