Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Decreases By 65.6%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 834 shares, a decrease of 65.6% from the December 15th total of 2,423 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 25,577 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 25,577 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Eaton Vance Ultra-Short Income ETF

A hedge fund recently raised its stake in Eaton Vance Ultra-Short Income ETF stock. Janney Montgomery Scott LLC grew its position in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) by 304.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,656 shares of the company’s stock after purchasing an additional 78,001 shares during the quarter. Janney Montgomery Scott LLC owned approximately 2.42% of Eaton Vance Ultra-Short Income ETF worth $5,267,000 as of its most recent SEC filing.

Eaton Vance Ultra-Short Income ETF Price Performance

NYSEARCA EVSB traded down $0.06 during trading on Thursday, hitting $50.93. 30,362 shares of the company traded hands, compared to its average volume of 33,456. Eaton Vance Ultra-Short Income ETF has a 12 month low of $50.54 and a 12 month high of $52.54. The business has a fifty day simple moving average of $50.99 and a 200 day simple moving average of $50.99.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.