Short Interest in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Rises By 91.7%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,258 shares, an increase of 91.7% from the April 30th total of 2,743 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 5,047 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

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

Eaton Vance High Income Municipal ETF Price Performance

Shares of Eaton Vance High Income Municipal ETF stock opened at $50.55 on Tuesday. The company’s fifty day simple moving average is $50.19 and its two-hundred day simple moving average is $50.18. Eaton Vance High Income Municipal ETF has a 12-month low of $47.47 and a 12-month high of $51.01.

Eaton Vance High Income Municipal ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Friday, May 29th will be given a dividend of $0.201 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, May 29th.

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.