Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Short Interest Up 206.8% in August

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,829 shares, an increase of 206.8% from the August 15th total of 3,530 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 18,117 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance Ultra-Short Income ETF Stock Performance

NYSEARCA EVSB traded down $0.04 during mid-day trading on Friday, hitting $50.75. The stock had a trading volume of 81,953 shares, compared to its average volume of 55,384. The company has a 50 day simple moving average of $50.85 and a 200 day simple moving average of $50.85. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.62 and a 52-week high of $51.21.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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.

About Eaton Vance Ultra-Short Income ETF

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.