Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Grows By 40.9%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 101,700 shares, an increase of 40.9% from the November 30th total of 72,200 shares. Based on an average trading volume of 306,300 shares, the days-to-cover ratio is presently 0.3 days.

Eaton Vance Limited Duration Income Fund Price Performance

Shares of EVV stock traded down $0.08 during trading hours on Monday, reaching $9.82. 376,586 shares of the company’s stock were exchanged, compared to its average volume of 326,410. Eaton Vance Limited Duration Income Fund has a 1 year low of $9.22 and a 1 year high of $10.55.

Eaton Vance Limited Duration Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were issued a $0.0794 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 9.70%. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James & Associates increased its stake in Eaton Vance Limited Duration Income Fund by 14.4% in the 2nd quarter. Raymond James & Associates now owns 446,665 shares of the company’s stock valued at $4,351,000 after purchasing an additional 56,301 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Eaton Vance Limited Duration Income Fund by 13.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 856,361 shares of the company’s stock valued at $8,341,000 after buying an additional 99,033 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 13.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 118,114 shares of the company’s stock valued at $1,150,000 after buying an additional 13,902 shares during the period. International Assets Investment Management LLC boosted its position in Eaton Vance Limited Duration Income Fund by 14.6% during the second quarter. International Assets Investment Management LLC now owns 77,693 shares of the company’s stock worth $757,000 after acquiring an additional 9,920 shares during the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in Eaton Vance Limited Duration Income Fund in the 2nd quarter worth approximately $221,000.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.