Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Up 183.0% in July

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 153,271 shares, a growth of 183.0% from the July 15th total of 54,161 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 134,700 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Large investors have recently bought and sold shares of the company. Studio Investment Management LLC acquired a new stake in Eaton Vance Short Duration Income ETF in the fourth quarter worth $208,000. First American Bank bought a new stake in shares of Eaton Vance Short Duration Income ETF in the 1st quarter valued at $571,000. Eldridge Investment Advisors Inc. increased its position in shares of Eaton Vance Short Duration Income ETF by 145.7% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after buying an additional 33,145 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Eaton Vance Short Duration Income ETF by 893.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock valued at $10,046,000 after buying an additional 175,631 shares in the last quarter. Finally, Nemes Rush Group LLC raised its stake in Eaton Vance Short Duration Income ETF by 3.6% during the 4th 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 period.

Eaton Vance Short Duration Income ETF Stock Performance

Shares of EVSD stock traded down $0.02 on Friday, reaching $50.88. The company had a trading volume of 87,947 shares, compared to its average volume of 154,819. The company has a 50-day moving average of $50.86 and a 200-day moving average of $51.09. Eaton Vance Short Duration Income ETF has a 12 month low of $50.61 and a 12 month high of $51.72.

Eaton Vance Short Duration Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were issued a dividend of $0.1976 per share. The ex-dividend date was Friday, July 31st.

About Eaton Vance Short Duration Income ETF

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.