Eaton Vance Municipal Bond Fund (NYSE:EIM) was the recipient of a significant growth in short interest in September. As of September 29th, there was short interest totalling 20,069 shares, a growth of 116.8% from the September 15th total of 9,258 shares. Based on an average trading volume of 116,732 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance Municipal Bond Fund (EIM) opened at 12.76 on Friday. Eaton Vance Municipal Bond Fund has a 52-week low of $12.00 and a 52-week high of $13.15. The firm has a 50-day moving average price of $12.82 and a 200 day moving average price of $12.73.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 24th will be paid a dividend of $0.0521 per share. This represents a $0.63 annualized dividend and a yield of 4.90%. The ex-dividend date is Monday, October 23rd.

A number of institutional investors have recently made changes to their positions in EIM. Janney Montgomery Scott LLC raised its stake in Eaton Vance Municipal Bond Fund by 6.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 23,045 shares of the company’s stock valued at $292,000 after acquiring an additional 1,425 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in Eaton Vance Municipal Bond Fund by 1.0% during the 2nd quarter. JFS Wealth Advisors LLC now owns 189,666 shares of the company’s stock valued at $2,407,000 after acquiring an additional 1,883 shares in the last quarter. Advisors Asset Management Inc. raised its stake in Eaton Vance Municipal Bond Fund by 0.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 426,314 shares of the company’s stock valued at $5,410,000 after acquiring an additional 2,980 shares in the last quarter. SG Americas Securities LLC raised its stake in Eaton Vance Municipal Bond Fund by 40.1% during the 2nd quarter. SG Americas Securities LLC now owns 25,667 shares of the company’s stock valued at $326,000 after acquiring an additional 7,351 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in Eaton Vance Municipal Bond Fund by 0.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 16,691 shares of the company’s stock valued at $212,000 after acquiring an additional 51 shares in the last quarter.

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About Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The Fund invests primarily in debt securities issued by municipalities.

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