Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) Sees Significant Increase in Short Interest

Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 48,400 shares, a growth of 20.4% from the February 13th total of 40,200 shares. Based on an average daily trading volume, of 39,200 shares, the days-to-cover ratio is presently 1.2 days.

Eaton Vance New York Municipal Bond Fund Trading Down 0.9 %

NYSEAMERICAN:ENX traded down $0.09 during mid-day trading on Wednesday, hitting $9.55. 34,129 shares of the stock traded hands, compared to its average volume of 34,933. Eaton Vance New York Municipal Bond Fund has a 52 week low of $9.27 and a 52 week high of $10.14. The stock has a 50 day moving average price of $9.62.

About Eaton Vance New York Municipal Bond Fund

Eaton Vance New York 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.