Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Short Interest Update

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 65,146 shares, a growth of 4,798.2% from the July 30th total of 1,330 shares. Based on an average daily volume of 128,882 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Eaton Vance Floating Rate ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EVLN. Sanctuary Advisors LLC acquired a new position in shares of Eaton Vance Floating Rate ETF in the second quarter valued at approximately $113,000. Oxbow Advisors LLC purchased a new stake in Eaton Vance Floating Rate ETF in the 2nd quarter worth approximately $122,000. Fund Advisors of America Inc FL acquired a new position in Eaton Vance Floating Rate ETF in the 2nd quarter valued at $162,000. HBK Sorce Advisory LLC purchased a new position in shares of Eaton Vance Floating Rate ETF during the 2nd quarter worth $206,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Eaton Vance Floating Rate ETF during the third quarter worth $1,174,000.

Eaton Vance Floating Rate ETF Stock Performance

Shares of NYSEARCA EVLN traded up $0.02 during trading on Tuesday, reaching $48.92. The company had a trading volume of 29,251 shares, compared to its average volume of 85,239. Eaton Vance Floating Rate ETF has a twelve month low of $48.08 and a twelve month high of $50.12. The stock has a 50-day moving average price of $48.72 and a two-hundred day moving average price of $48.70.

Eaton Vance Floating Rate ETF Company Profile

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.