Eaton Vance High Yield ETF (NYSEARCA:EVHY) Sees Large Decrease in Short Interest

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,145 shares, a decline of 75.0% from the May 14th total of 4,577 shares. Based on an average daily volume of 23,176 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

Eaton Vance High Yield ETF Trading Up 0.0%

EVHY traded up $0.01 on Friday, hitting $52.36. The company had a trading volume of 2,102 shares, compared to its average volume of 4,921. Eaton Vance High Yield ETF has a 12-month low of $48.57 and a 12-month high of $53.63. The business’s fifty day simple moving average is $52.37 and its 200 day simple moving average is $52.73.

Eaton Vance High Yield ETF Company Profile

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.