Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,379 shares, an increase of 555.4% from the September 30th total of 363 shares. Based on an average daily trading volume, of 14,427 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s shares are short sold.
Eaton Vance High Income Municipal ETF Stock Performance
Shares of EVYM stock traded down $0.09 during trading hours on Tuesday, hitting $48.10. 5,418 shares of the company were exchanged, compared to its average volume of 7,208. Eaton Vance High Income Municipal ETF has a fifty-two week low of $46.34 and a fifty-two week high of $51.22. The company has a 50 day simple moving average of $48.22 and a two-hundred day simple moving average of $49.84.
Eaton Vance High Income Municipal ETF Cuts Dividend
The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were paid a $0.2076 dividend. This represents a $2.49 annualized dividend and a yield of 5.2%. This is a decrease from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2117. The ex-dividend date of this dividend was Wednesday, September 30th.
Eaton Vance High Income Municipal ETF Company Profile
The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.
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