Short Interest in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Rises By 729.8%

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 37,708 shares, an increase of 729.8% from the June 15th total of 4,544 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 59,676 shares, the days-to-cover ratio is presently 0.6 days.

Eaton Vance Ultra-Short Income ETF Stock Up 0.1%

Shares of EVSB stock traded up $0.03 during mid-day trading on Friday, reaching $50.84. The stock had a trading volume of 90,929 shares, compared to its average volume of 61,448. Eaton Vance Ultra-Short Income ETF has a 1-year low of $50.70 and a 1-year high of $51.21. The business’s fifty day moving average is $50.84 and its 200-day moving average is $50.89.

Hedge Funds Weigh In On Eaton Vance Ultra-Short Income ETF

An institutional investor recently bought a new stake in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. purchased a new position in shares of Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned about 0.22% of Eaton Vance Ultra-Short Income ETF at the end of the most recent quarter.

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.