Eaton Vance Municipal Income Trust (NYSE:EVN) Short Interest Update

Eaton Vance Municipal Income Trust (NYSE:EVN) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 22,400 shares, a decrease of 34.1% from the November 30th total of 34,000 shares. Based on an average daily trading volume, of 116,300 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Municipal Income Trust Price Performance

Shares of NYSE:EVN opened at $10.01 on Monday. Eaton Vance Municipal Income Trust has a 12 month low of $9.68 and a 12 month high of $11.31. The company’s 50-day moving average price is $10.45 and its two-hundred day moving average price is $10.61.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th were paid a dividend of $0.0513 per share. The ex-dividend date was Thursday, December 12th.

Institutional Trading of Eaton Vance Municipal Income Trust

Hedge funds and other institutional investors have recently modified their holdings of the stock. Raymond James & Associates lifted its holdings in Eaton Vance Municipal Income Trust by 0.4% during the 3rd quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock worth $3,016,000 after buying an additional 1,210 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Eaton Vance Municipal Income Trust by 1.7% during the third quarter. Janney Montgomery Scott LLC now owns 234,205 shares of the investment management company’s stock worth $2,569,000 after acquiring an additional 4,016 shares during the last quarter. Pathway Financial Advisers LLC lifted its stake in shares of Eaton Vance Municipal Income Trust by 997.0% during the third quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock valued at $80,000 after acquiring an additional 6,630 shares during the period. Horizon Kinetics Asset Management LLC acquired a new position in Eaton Vance Municipal Income Trust during the 3rd quarter valued at about $110,000. Finally, Stifel Financial Corp boosted its stake in shares of Eaton Vance Municipal Income Trust by 33.0% in the 3rd quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock valued at $668,000 after purchasing an additional 15,101 shares during the last quarter.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.