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 growth in short interest in the month of March. As of March 13th, there was short interest totaling 216,684 shares, a growth of 78.8% from the February 26th total of 121,206 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 250,407 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Eaton Vance Short Duration Income ETF

A number of hedge funds have recently modified their holdings of the stock. Studio Investment Management LLC acquired a new stake in Eaton Vance Short Duration Income ETF in the fourth quarter valued at approximately $208,000. Flow Traders U.S. LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF during the 2nd quarter valued at approximately $1,189,000. Eldridge Investment Advisors Inc. lifted 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 buying an additional 33,145 shares in the last quarter. Nemes Rush Group LLC acquired a new stake in Eaton Vance Short Duration Income ETF in the 3rd quarter valued at $9,732,000. Finally, Janney Montgomery Scott LLC grew its stake in Eaton Vance Short Duration Income ETF by 893.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock valued at $10,046,000 after acquiring an additional 175,631 shares during the period.

Eaton Vance Short Duration Income ETF Stock Performance

NASDAQ EVSD opened at $50.90 on Friday. The company has a fifty day moving average of $51.43 and a 200 day moving average of $51.48. Eaton Vance Short Duration Income ETF has a 1 year low of $50.35 and a 1 year high of $51.72.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were paid a dividend of $0.1791 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.