Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Update

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 39,000 shares, a decrease of 32.4% from the February 28th total of 57,700 shares. Based on an average trading volume of 41,600 shares, the days-to-cover ratio is currently 0.9 days.

Eaton Vance Short Duration Diversified Income Fund Stock Down 0.0 %

EVG stock opened at $10.98 on Tuesday. The company has a fifty day moving average price of $11.09 and a 200-day moving average price of $11.12. Eaton Vance Short Duration Diversified Income Fund has a 52-week low of $10.29 and a 52-week high of $11.45.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.0743 per share. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07. This represents a $0.89 annualized dividend and a yield of 8.12%.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in EVG. Capital Market Strategies LLC boosted its holdings in Eaton Vance Short Duration Diversified Income Fund by 7.2% in the fourth quarter. Capital Market Strategies LLC now owns 20,260 shares of the company’s stock valued at $221,000 after acquiring an additional 1,365 shares during the last quarter. Tallon Kerry Patrick bought a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 4th quarter valued at $244,000. Stifel Financial Corp increased its position in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% during the third quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock worth $247,000 after buying an additional 2,011 shares during the period. Wells Fargo & Company MN lifted its holdings in Eaton Vance Short Duration Diversified Income Fund by 20.9% in the fourth quarter. Wells Fargo & Company MN now owns 52,719 shares of the company’s stock valued at $576,000 after buying an additional 9,116 shares during the period. Finally, Guggenheim Capital LLC grew its holdings in Eaton Vance Short Duration Diversified Income Fund by 1.7% during the 4th quarter. Guggenheim Capital LLC now owns 79,689 shares of the company’s stock worth $870,000 after acquiring an additional 1,312 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.