Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Short Interest Update

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 39,457 shares, a growth of 61.8% from the August 31st total of 24,379 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 147,889 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV bought a new position in shares of Eaton Vance Short Duration Municipal Income ETF during the 1st quarter valued at approximately $250,000. FSA Advisors Inc. lifted its stake in shares of Eaton Vance Short Duration Municipal Income ETF by 12.1% in the 1st quarter. FSA Advisors Inc. now owns 18,955 shares of the company’s stock valued at $951,000 after purchasing an additional 2,040 shares during the period. Nemes Rush Group LLC raised its stake in Eaton Vance Short Duration Municipal Income ETF by 61.4% during the fourth quarter. Nemes Rush Group LLC now owns 32,233 shares of the company’s stock valued at $1,624,000 after buying an additional 12,261 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Short Duration Municipal Income ETF by 12.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 41,656 shares of the company’s stock worth $2,091,000 after purchasing an additional 4,670 shares in the last quarter. Finally, Bessemer Group Inc. purchased a new stake in shares of Eaton Vance Short Duration Municipal Income ETF during the 1st quarter valued at about $2,301,000.

Eaton Vance Short Duration Municipal Income ETF Stock Up 0.1%

NYSEARCA:EVSM opened at $49.22 on Friday. The stock’s 50 day moving average price is $49.91 and its two-hundred day moving average price is $50.17. Eaton Vance Short Duration Municipal Income ETF has a twelve month low of $49.03 and a twelve month high of $50.88.

Eaton Vance Short Duration Municipal Income ETF Company Profile

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.