Eaton Vance High Yield ETF (NYSEARCA:EVHY) Short Interest Up 170.6% in June

Eaton Vance High Yield ETF (NYSEARCA:EVHY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 3,098 shares, an increase of 170.6% from the May 31st total of 1,145 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 2,069 shares, the short-interest ratio is presently 1.5 days.

Eaton Vance High Yield ETF Price Performance

Shares of EVHY stock traded down $0.26 during trading hours on Tuesday, reaching $52.25. The company had a trading volume of 2,403 shares, compared to its average volume of 4,641. Eaton Vance High Yield ETF has a 12-month low of $48.57 and a 12-month high of $53.63. The stock has a fifty day moving average of $52.38 and a 200-day moving average of $52.66.

About Eaton Vance High Yield ETF

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.