Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Short Interest Update

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 91,863 shares, an increase of 394.1% from the June 30th total of 18,591 shares. Based on an average trading volume of 337,698 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Limited Duration Income Fund

Hedge funds have recently added to or reduced their stakes in the business. Williams Jones Wealth Management LLC. purchased a new position in shares of Eaton Vance Limited Duration Income Fund during the 4th quarter worth about $134,000. Royal Bank of Canada grew its holdings in Eaton Vance Limited Duration Income Fund by 2.0% in the first quarter. Royal Bank of Canada now owns 995,905 shares of the company’s stock valued at $9,411,000 after purchasing an additional 19,806 shares during the period. Cetera Investment Advisers increased its position in Eaton Vance Limited Duration Income Fund by 15.1% during the first quarter. Cetera Investment Advisers now owns 933,420 shares of the company’s stock worth $8,821,000 after purchasing an additional 122,470 shares during the last quarter. Fifth Third Bancorp purchased a new position in Eaton Vance Limited Duration Income Fund during the first quarter worth approximately $324,000. Finally, Kanen Wealth Management LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 7.0% in the 1st quarter. Kanen Wealth Management LLC now owns 379,816 shares of the company’s stock valued at $3,589,000 after purchasing an additional 24,700 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Trading Down 0.3%

EVV traded down $0.03 during trading on Friday, hitting $9.08. The company’s stock had a trading volume of 312,396 shares, compared to its average volume of 350,721. Eaton Vance Limited Duration Income Fund has a twelve month low of $8.97 and a twelve month high of $10.41. The firm’s 50 day moving average price is $9.28 and its 200-day moving average price is $9.52.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Tuesday, July 14th were given a dividend of $0.0706 per share. The ex-dividend date was Tuesday, July 14th. This represents a c) annualized dividend and a yield of 9.3%.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.