Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Stock Short Interest Declines 79.5%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 405 shares, a decline of 79.5% from the August 31st total of 1,973 shares. Based on an average daily trading volume, of 7,403 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Eaton Vance High Income Municipal ETF Stock Down 0.6%

Shares of NASDAQ:EVYM traded down $0.27 during midday trading on Friday, reaching $47.36. The company’s stock had a trading volume of 15,083 shares, compared to its average volume of 5,521. The firm has a 50 day moving average of $49.49 and a 200-day moving average of $50.09. Eaton Vance High Income Municipal ETF has a 12-month low of $47.23 and a 12-month high of $51.22.

Eaton Vance High Income Municipal ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Monday, August 31st were paid a dividend of $0.2117 per share. The ex-dividend date of this dividend was Monday, August 31st. This is an increase from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2103. This represents a $2.54 annualized dividend and a yield of 5.4%.

Hedge Funds Weigh In On Eaton Vance High Income Municipal ETF

A hedge fund recently bought a new position 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) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 Company Profile

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.