Short Interest in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Increases By 183.0%

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 153,271 shares, a growth of 183.0% from the July 15th total of 54,161 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 134,700 shares, the short-interest ratio is presently 1.1 days.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

A number of large investors have recently added to or reduced their stakes in EVSD. Studio Investment Management LLC bought a new stake in Eaton Vance Short Duration Income ETF during the fourth quarter worth about $208,000. First American Bank bought a new position in shares of Eaton Vance Short Duration Income ETF during the 1st quarter valued at about $571,000. Eldridge Investment Advisors Inc. raised its holdings in shares of Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after buying an additional 33,145 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 893.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock valued at $10,046,000 after buying an additional 175,631 shares in the last quarter. Finally, Nemes Rush Group LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock valued at $10,091,000 after buying an additional 6,833 shares in the last quarter.

Eaton Vance Short Duration Income ETF Stock Performance

Eaton Vance Short Duration Income ETF stock opened at $50.88 on Friday. The firm’s fifty day moving average price is $50.86 and its 200-day moving average price is $51.09. Eaton Vance Short Duration Income ETF has a fifty-two week low of $50.61 and a fifty-two week high of $51.72.

Eaton Vance Short Duration Income ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were paid a $0.1976 dividend. The ex-dividend date of this dividend was Friday, July 31st.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.