Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Large Drop in Short Interest

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,600 shares, a decline of 15.5% from the February 13th total of 16,100 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 34,600 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Short Duration Income ETF Stock Performance

Shares of NASDAQ EVSD opened at $50.79 on Tuesday. Eaton Vance Short Duration Income ETF has a 12 month low of $49.68 and a 12 month high of $51.27. The company has a 50 day simple moving average of $50.70 and a two-hundred day simple moving average of $50.67.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Friday, February 28th were paid a dividend of $0.1927 per share. The ex-dividend date was Friday, February 28th.

Institutional Trading of Eaton Vance Short Duration Income ETF

An institutional investor recently raised its position in Eaton Vance Short Duration Income ETF stock. Janney Montgomery Scott LLC increased its position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) by 54.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,826 shares of the company’s stock after acquiring an additional 5,935 shares during the quarter. Janney Montgomery Scott LLC owned 0.39% of Eaton Vance Short Duration Income ETF worth $849,000 as of its most recent SEC filing.

Eaton Vance Short Duration Income ETF Company Profile

The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.