Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Down 92.8% in May

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 381 shares, a decline of 92.8% from the May 14th total of 5,258 shares. Based on an average trading volume of 5,393 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc purchased a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Eaton Vance High Income Municipal ETF Trading Up 0.2%

EVYM stock traded up $0.08 during midday trading on Tuesday, reaching $50.64. 8,085 shares of the company’s stock traded hands, compared to its average volume of 4,968. The company has a 50-day moving average price of $50.31 and a two-hundred day moving average price of $50.21. Eaton Vance High Income Municipal ETF has a 52 week low of $47.47 and a 52 week high of $51.01.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Friday, May 29th were issued a dividend of $0.201 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

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.

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