Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Short Interest Down 33.3% in August

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,973 shares, a drop of 33.3% from the August 15th total of 2,959 shares. Based on an average daily trading volume, of 5,237 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new position in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the SEC.

Eaton Vance High Income Municipal ETF Stock Performance

Shares of NASDAQ EVYM traded up $0.27 during midday trading on Thursday, hitting $48.49. 1,245 shares of the company’s stock were exchanged, compared to its average volume of 5,378. Eaton Vance High Income Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.22. The company’s 50 day moving average price is $49.86 and its 200 day moving average price is $50.21.

Eaton Vance High Income Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Monday, August 31st were given a dividend of $0.2117 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is a positive change from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Monday, August 31st.

About Eaton Vance High Income Municipal ETF

(Get Free Report)

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.

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