Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) Sees Significant Decrease in Short Interest

Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,557 shares, a decline of 89.4% from the July 15th total of 33,463 shares. Based on an average trading volume of 22,416 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of Eaton Vance Ultra-Short Income ETF

An institutional investor recently bought a new position in Eaton Vance Ultra-Short Income ETF stock. JPMorgan Chase & Co. acquired a new stake in Eaton Vance Ultra-Short Income ETF (NYSEARCA:EVSB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,691 shares of the company’s stock, valued at approximately $492,000. JPMorgan Chase & Co. owned about 0.22% of Eaton Vance Ultra-Short Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Eaton Vance Ultra-Short Income ETF Trading Up 0.1%

Shares of EVSB traded up $0.05 during mid-day trading on Thursday, reaching $50.90. The stock had a trading volume of 91,022 shares, compared to its average volume of 55,666. Eaton Vance Ultra-Short Income ETF has a 52-week low of $50.62 and a 52-week high of $51.21. The business’s fifty day moving average is $50.85 and its 200 day moving average is $50.88.

Eaton Vance Ultra-Short Income ETF Company Profile

The Eaton Vance Ultra-Short Income ETF (EVSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a broad portfolio of investment grade debt securities globally. The fund aims for an average portfolio duration of one year or less EVSB was launched on Oct 16, 2023 and is issued by Eaton Vance.