Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Sees Large Growth in Short Interest

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 53,800 shares, a growth of 123.2% from the December 31st total of 24,100 shares. Based on an average trading volume of 83,500 shares, the days-to-cover ratio is presently 0.6 days.

Eaton Vance California Municipal Bond Fund Trading Down 0.4 %

Eaton Vance California Municipal Bond Fund stock traded down $0.04 during mid-day trading on Wednesday, reaching $9.40. The stock had a trading volume of 16,580 shares, compared to its average volume of 57,310. Eaton Vance California Municipal Bond Fund has a one year low of $9.08 and a one year high of $9.81.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.