Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Down 36.8% in May

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 46,363 shares, a decline of 36.8% from the May 14th total of 73,380 shares. Based on an average daily volume of 114,848 shares, the days-to-cover ratio is currently 0.4 days.

Eaton Vance Municipal Bond Fund Stock Performance

NYSEAMERICAN EIM traded up $0.03 on Tuesday, reaching $9.80. 132,098 shares of the company were exchanged, compared to its average volume of 138,970. The business’s fifty day moving average price is $9.82 and its 200 day moving average price is $9.84. Eaton Vance Municipal Bond Fund has a fifty-two week low of $9.41 and a fifty-two week high of $10.54.

Eaton Vance Municipal Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a $0.0508 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, June 15th.

Institutional Trading of Eaton Vance Municipal Bond Fund

A number of large investors have recently made changes to their positions in the company. CWM LLC purchased a new stake in Eaton Vance Municipal Bond Fund during the 4th quarter worth about $25,000. First Command Advisory Services Inc. purchased a new stake in Eaton Vance Municipal Bond Fund during the 4th quarter valued at approximately $39,000. Elyxium Wealth LLC acquired a new position in shares of Eaton Vance Municipal Bond Fund in the fourth quarter valued at approximately $43,000. Hollencrest Capital Management purchased a new stake in shares of Eaton Vance Municipal Bond Fund during the fourth quarter worth approximately $49,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Eaton Vance Municipal Bond Fund during the third quarter worth $88,000.

About Eaton Vance Municipal Bond Fund

The Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from regular United States federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. It may also hold tender option bonds and other municipal derivatives to help manage duration and enhance yield.

Managed by Eaton Vance Management, a leading asset management firm with a history dating back to 1924, the fund leverages the firm’s experience in fixed-income investing.