Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) Short Interest Update

Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 8,294 shares, a decrease of 90.7% from the July 15th total of 89,011 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 30,480 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Eaton Vance Intermediate Municipal Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Intermediate Municipal Income ETF by 22.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,744 shares of the company’s stock valued at $305,000 after buying an additional 1,060 shares during the last quarter. FSA Advisors Inc. bought a new position in shares of Eaton Vance Intermediate Municipal Income ETF in the fourth quarter worth about $360,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of Eaton Vance Intermediate Municipal Income ETF during the third quarter worth approximately $425,000.

Eaton Vance Intermediate Municipal Income ETF Trading Up 0.1%

EVIM stock traded up $0.03 during midday trading on Wednesday, reaching $52.65. 13,230 shares of the company’s stock traded hands, compared to its average volume of 30,672. The company has a 50-day simple moving average of $52.95 and a two-hundred day simple moving average of $53.11. Eaton Vance Intermediate Municipal Income ETF has a 1-year low of $51.31 and a 1-year high of $54.21.

Eaton Vance Intermediate Municipal Income ETF Company Profile

The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.