Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Sees Significant Decrease in Short Interest

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 100 shares, a decrease of 50.0% from the September 15th total of 200 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 0.0 days.

Eaton Vance High Income Municipal ETF Price Performance

Shares of NASDAQ:EVYM opened at $50.10 on Monday. Eaton Vance High Income Municipal ETF has a 12 month low of $46.11 and a 12 month high of $50.42. The company’s 50-day moving average price is $48.88 and its two-hundred day moving average price is $48.45.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, October 6th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.1963 per share. The ex-dividend date was Tuesday, September 30th.

Eaton Vance High Income Municipal ETF Company Profile

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness.