Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Update

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,959 shares, a decline of 46.1% from the July 30th total of 5,490 shares. Based on an average trading volume of 5,074 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new stake in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

Eaton Vance High Income Municipal ETF Trading Down 0.1%

Shares of EVYM traded down $0.07 during midday trading on Friday, hitting $49.72. The stock had a trading volume of 1,051 shares, compared to its average volume of 5,148. The stock’s 50 day moving average is $50.41 and its 200 day moving average is $50.38. Eaton Vance High Income Municipal ETF has a 1 year low of $47.69 and a 1 year high of $51.22.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were issued a dividend of $0.2135 per share. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, July 31st.

About Eaton Vance High Income Municipal ETF

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. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.