Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Decreases By 78.1%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 4,544 shares, a decrease of 78.1% from the May 31st total of 20,712 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 56,426 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Ultra-Short Income ETF Stock Performance

NYSEARCA:EVSB opened at $50.93 on Friday. Eaton Vance Ultra-Short Income ETF has a 52 week low of $50.70 and a 52 week high of $51.21. The company has a fifty day simple moving average of $50.86 and a two-hundred day simple moving average of $50.90.

Institutional Trading of Eaton Vance Ultra-Short Income ETF

A hedge fund recently bought a new stake in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned 0.22% of Eaton Vance Ultra-Short Income ETF at the end of the most recent reporting period.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.