Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Stock Short Interest Report for October

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 44,586 shares, a decrease of 66.3% from the September 30th total of 132,306 shares. Based on an average daily volume of 300,701 shares, the short-interest ratio is currently 0.1 days.

Insider Activity

In other Eaton Vance Municipal Bond Fund news, insider Craig R. Brandon sold 87,567 shares of Eaton Vance Municipal Bond Fund stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $9.12, for a total value of $798,611.04. Following the sale, the insider owned 1 shares of the company’s stock, valued at $9.12. This trade represents a 100.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Hedge Funds Weigh In On Eaton Vance Municipal Bond Fund

Several hedge funds have recently made changes to their positions in EIM. SMH Capital Advisors Inc. acquired a new stake in shares of Eaton Vance Municipal Bond Fund in the third quarter valued at about $120,000. Wedbush Securities Inc. lifted its stake in Eaton Vance Municipal Bond Fund by 99.9% in the third quarter. Wedbush Securities Inc. now owns 45,293 shares of the company’s stock valued at $411,000 after acquiring an additional 22,637 shares during the last quarter. Cresta Advisors Ltd. lifted its stake in Eaton Vance Municipal Bond Fund by 3.0% in the third quarter. Cresta Advisors Ltd. now owns 345,415 shares of the company’s stock valued at $3,133,000 after acquiring an additional 10,000 shares during the last quarter. Robinson Capital Management LLC grew its position in shares of Eaton Vance Municipal Bond Fund by 0.6% in the 2nd quarter. Robinson Capital Management LLC now owns 1,041,484 shares of the company’s stock valued at $10,378,000 after acquiring an additional 6,246 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Eaton Vance Municipal Bond Fund in the 2nd quarter valued at about $51,000.

Eaton Vance Municipal Bond Fund Stock Up 0.3%

Shares of NYSEAMERICAN:EIM traded up $0.03 during mid-day trading on Friday, reaching $9.15. 299,705 shares of the stock were exchanged, compared to its average volume of 174,578. Eaton Vance Municipal Bond Fund has a one year low of $8.64 and a one year high of $10.06. The stock’s 50 day simple moving average is $9.11 and its 200-day simple moving average is $9.65.

Eaton Vance Municipal Bond Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 15th were given a dividend of $0.0508 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $0.61 dividend on an annualized basis and a yield of 6.7%.

About Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund (NYSE American: EIM) is a closed-end management investment company focused on generating current income that is exempt from regular federal income tax. The fund invests primarily in municipal bonds and other tax-exempt obligations issued by states, cities, counties, and other public entities.

The fund’s portfolio may include investment-grade and below-investment-grade municipal securities, subject to its investment policies and risk-management guidelines.