Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Drops By 77.0%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 18,591 shares, a decline of 77.0% from the June 15th total of 80,921 shares. Based on an average daily volume of 377,403 shares, the short-interest ratio is presently 0.0 days.

Eaton Vance Limited Duration Income Fund Trading Down 0.6%

NYSEAMERICAN:EVV traded down $0.06 during mid-day trading on Friday, hitting $9.33. The stock had a trading volume of 369,041 shares, compared to its average volume of 335,726. Eaton Vance Limited Duration Income Fund has a twelve month low of $8.97 and a twelve month high of $10.41. The company’s 50 day simple moving average is $9.31 and its 200 day simple moving average is $9.56.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 24th. Stockholders of record on Tuesday, July 14th will be given a $0.0706 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Tuesday, July 14th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EVV. Ashton Thomas Securities LLC boosted its stake in Eaton Vance Limited Duration Income Fund by 21.7% in the 1st quarter. Ashton Thomas Securities LLC now owns 28,000 shares of the company’s stock valued at $265,000 after purchasing an additional 5,000 shares during the period. Kanen Wealth Management LLC grew its stake in shares of Eaton Vance Limited Duration Income Fund by 7.0% in the first quarter. Kanen Wealth Management LLC now owns 379,816 shares of the company’s stock valued at $3,589,000 after acquiring an additional 24,700 shares in the last quarter. Royal Bank of Canada increased its position in Eaton Vance Limited Duration Income Fund by 2.0% during the first quarter. Royal Bank of Canada now owns 995,905 shares of the company’s stock worth $9,411,000 after acquiring an additional 19,806 shares during the period. Cetera Investment Advisers increased its position in Eaton Vance Limited Duration Income Fund by 15.1% during the first quarter. Cetera Investment Advisers now owns 933,420 shares of the company’s stock worth $8,821,000 after acquiring an additional 122,470 shares during the period. Finally, WealthTrust Asset Management LLC acquired a new stake in Eaton Vance Limited Duration Income Fund in the 1st quarter worth about $161,000.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.