Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Update

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 2,959 shares, a drop of 46.1% from the July 30th total of 5,490 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,074 shares, the days-to-cover ratio is presently 0.6 days.

Eaton Vance High Income Municipal ETF Stock Performance

NASDAQ:EVYM traded down $0.07 during trading hours on Friday, reaching $49.72. The stock had a trading volume of 1,051 shares, compared to its average volume of 5,148. Eaton Vance High Income Municipal ETF has a 52 week low of $47.69 and a 52 week high of $51.22. The company has a 50 day moving average price of $50.41 and a two-hundred day moving average price of $50.38.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were issued a $0.2135 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%.

Institutional Investors Weigh In On Eaton Vance High Income Municipal ETF

A hedge fund recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc acquired a new stake in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent SEC filing.

Eaton Vance High Income Municipal ETF Company Profile

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.