Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Short Interest Update

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 13,326 shares, a growth of 22.9% from the November 30th total of 10,840 shares. Based on an average trading volume of 81,968 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 81,968 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. acquired a new stake in Eaton Vance Short Duration Municipal Income ETF during the third quarter worth about $21,634,000. Nemes Rush Group LLC acquired a new position in Eaton Vance Short Duration Municipal Income ETF in the 3rd quarter valued at approximately $1,007,000. Diversified Portfolios Inc. lifted its position in shares of Eaton Vance Short Duration Municipal Income ETF by 368.3% in the 3rd quarter. Diversified Portfolios Inc. now owns 24,180 shares of the company’s stock worth $1,220,000 after acquiring an additional 19,017 shares during the period. FSA Advisors Inc. grew its holdings in shares of Eaton Vance Short Duration Municipal Income ETF by 79.6% during the 3rd quarter. FSA Advisors Inc. now owns 8,632 shares of the company’s stock worth $435,000 after purchasing an additional 3,825 shares in the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Eaton Vance Short Duration Municipal Income ETF during the 3rd quarter worth approximately $2,784,000.

Eaton Vance Short Duration Municipal Income ETF Trading Up 0.1%

EVSM stock traded up $0.05 on Wednesday, reaching $50.39. 75,742 shares of the company were exchanged, compared to its average volume of 71,029. Eaton Vance Short Duration Municipal Income ETF has a 12 month low of $48.63 and a 12 month high of $50.73. The stock’s fifty day moving average price is $50.38 and its 200 day moving average price is $50.33.

About Eaton Vance Short Duration Municipal Income ETF

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.