Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Short Interest Update

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 19,334 shares, a drop of 68.1% from the June 15th total of 60,628 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 118,571 shares, the short-interest ratio is presently 0.2 days.

Eaton Vance Short Duration Income ETF Price Performance

Shares of NASDAQ:EVSD traded up $0.10 during midday trading on Tuesday, reaching $50.83. 92,062 shares of the company were exchanged, compared to its average volume of 157,546. The business’s fifty day moving average is $50.94 and its two-hundred day moving average is $51.21. Eaton Vance Short Duration Income ETF has a one year low of $50.71 and a one year high of $51.72.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were paid a $0.1902 dividend. The ex-dividend date was Tuesday, June 30th. This represents a c) annualized dividend and a yield of 4.5%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EVSD. Ameriprise Financial Inc. bought a new stake in shares of Eaton Vance Short Duration Income ETF in the third quarter worth about $15,875,000. Prism Advisors Inc. bought a new stake in Eaton Vance Short Duration Income ETF in the 1st quarter worth approximately $15,230,000. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 3.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock worth $10,336,000 after acquiring an additional 7,623 shares in the last quarter. Nemes Rush Group LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares in the last quarter. Finally, Eldridge Investment Advisors Inc. boosted its position in shares of Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after acquiring an additional 33,145 shares during the last quarter.

About Eaton Vance Short Duration Income ETF

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.