Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 216,684 shares, a growth of 78.8% from the February 26th total of 121,206 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 250,407 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

A number of large investors have recently added to or reduced their stakes in EVSD. Ameriprise Financial Inc. purchased a new stake in Eaton Vance Short Duration Income ETF during the 3rd quarter worth approximately $15,875,000. Nemes Rush Group LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 3.6% in the fourth quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after buying an additional 6,833 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Eaton Vance Short Duration Income ETF by 893.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after buying an additional 175,631 shares during the period. Eldridge Investment Advisors Inc. lifted its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after buying an additional 33,145 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the second quarter valued at $1,189,000.

Eaton Vance Short Duration Income ETF Trading Down 0.3%

Shares of NASDAQ:EVSD opened at $50.90 on Friday. Eaton Vance Short Duration Income ETF has a 12-month low of $50.35 and a 12-month high of $51.72. The business’s fifty day simple moving average is $51.43 and its 200-day simple moving average is $51.48.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were paid a $0.1791 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, February 27th.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.