Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Sees Large Increase in Short Interest

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 35,600 shares, a growth of 104.6% from the October 31st total of 17,400 shares. Based on an average daily trading volume, of 77,500 shares, the days-to-cover ratio is presently 0.5 days.

Eaton Vance California Municipal Bond Fund Stock Performance

NYSEAMERICAN EVM traded down $0.01 on Friday, reaching $9.46. 48,340 shares of the company’s stock traded hands, compared to its average volume of 53,113. Eaton Vance California Municipal Bond Fund has a fifty-two week low of $8.79 and a fifty-two week high of $9.81.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.