Eaton Vance High Yield ETF (NYSEARCA:EVHY) Short Interest Update

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 2,303 shares, a decrease of 77.8% from the February 12th total of 10,389 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 2,854 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 2,854 shares, the short-interest ratio is currently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

Eaton Vance High Yield ETF Stock Down 0.1%

EVHY stock traded down $0.04 during mid-day trading on Tuesday, reaching $52.55. 2,190 shares of the company traded hands, compared to its average volume of 4,948. Eaton Vance High Yield ETF has a 52-week low of $50.26 and a 52-week high of $53.63. The company has a fifty day moving average price of $53.03 and a 200-day moving average price of $53.20.

Eaton Vance High Yield ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were given a $0.2463 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Friday, February 27th.

About Eaton Vance High Yield ETF

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.