Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Rises By 729.8%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 37,708 shares, a growth of 729.8% from the June 15th total of 4,544 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 59,676 shares, the days-to-cover ratio is currently 0.6 days.

Eaton Vance Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:EVSB traded up $0.03 during trading on Friday, reaching $50.84. The stock had a trading volume of 90,929 shares, compared to its average volume of 61,448. Eaton Vance Ultra-Short Income ETF has a one year low of $50.70 and a one year high of $51.21. The firm’s 50-day simple moving average is $50.84 and its 200 day simple moving average is $50.89.

Institutional Investors Weigh In On Eaton Vance Ultra-Short Income ETF

A hedge fund recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. purchased a new position in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned about 0.22% of Eaton Vance Ultra-Short Income ETF at the end of the most recent quarter.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.