Eaton Vance High Yield ETF (NYSEARCA:EVHY) Stock Short Interest Jumps 156.7%

Eaton Vance High Yield ETF (NYSEARCA:EVHY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 12,265 shares, a growth of 156.7% from the August 31st total of 4,778 shares. Based on an average trading volume of 8,721 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.9% of the shares of the company are sold short.

Eaton Vance High Yield ETF Price Performance

Shares of NYSEARCA:EVHY traded down $0.20 during trading on Monday, hitting $50.90. 4,988 shares of the stock were exchanged, compared to its average volume of 9,609. Eaton Vance High Yield ETF has a 1-year low of $48.57 and a 1-year high of $53.63. The company’s fifty day simple moving average is $51.98 and its 200-day simple moving average is $52.19.

About Eaton Vance High Yield ETF

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.