Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Down 17.4% in December

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 28,792 shares, a drop of 17.4% from the November 30th total of 34,842 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 104,295 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 104,295 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Eaton Vance Short Duration Income ETF Price Performance

NASDAQ:EVSD traded down $0.03 on Wednesday, reaching $51.44. The stock had a trading volume of 86,328 shares, compared to its average volume of 84,611. Eaton Vance Short Duration Income ETF has a 1-year low of $50.32 and a 1-year high of $51.72. The stock has a fifty day moving average price of $51.49 and a 200-day moving average price of $51.39.

Eaton Vance Short Duration Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Tuesday, December 23rd were paid a $0.2329 dividend. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EVSD. Ameriprise Financial Inc. acquired a new position in Eaton Vance Short Duration Income ETF in the third quarter valued at approximately $15,875,000. Nemes Rush Group LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter valued at $9,732,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF in the 2nd quarter valued at $1,189,000.

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.