Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 47,389 shares, an increase of 105.2% from the September 15th total of 23,089 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 133,310 shares, the short-interest ratio is presently 0.4 days.
Eaton Vance Intermediate Municipal Income ETF Stock Up 0.2%
EVIM stock opened at $50.62 on Wednesday. Eaton Vance Intermediate Municipal Income ETF has a one year low of $49.91 and a one year high of $54.21. The firm has a 50-day moving average of $51.53 and a two-hundred day moving average of $52.43.
Institutional Investors Weigh In On Eaton Vance Intermediate Municipal Income ETF
An institutional investor recently raised its position in Eaton Vance Intermediate Municipal Income ETF stock. FSA Advisors Inc. boosted its position in shares of Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Free Report) by 61.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 10,939 shares of the company’s stock after purchasing an additional 4,153 shares during the period. FSA Advisors Inc. owned 0.27% of Eaton Vance Intermediate Municipal Income ETF worth $575,000 at the end of the most recent reporting period.
About Eaton Vance Intermediate Municipal Income ETF
The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.
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