Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Sees Large Increase in Short Interest

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 38,276 shares, a growth of 1,367.1% from the September 15th total of 2,609 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 93,127 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Ultra-Short Income ETF Stock Performance

Eaton Vance Ultra-Short Income ETF stock remained flat at $50.69 during trading hours on Friday. 776,999 shares of the company’s stock traded hands, compared to its average volume of 64,134. The firm’s fifty day moving average price is $50.80 and its 200-day moving average price is $50.83. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.46 and a 52-week high of $51.20.

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.