Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 21,154 shares, a decline of 57.7% from the September 30th total of 49,991 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 95,955 shares, the days-to-cover ratio is currently 0.2 days.
Eaton Vance Floating Rate ETF Trading Down 0.8%
Shares of EVLN stock traded down $0.41 during trading hours on Friday, hitting $48.15. The company had a trading volume of 71,486 shares, compared to its average volume of 87,601. Eaton Vance Floating Rate ETF has a 12 month low of $47.99 and a 12 month high of $49.76. The firm’s fifty day moving average is $48.57 and its 200 day moving average is $48.72.
Institutional Trading of Eaton Vance Floating Rate ETF
Several institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC bought a new position in shares of Eaton Vance Floating Rate ETF during the second quarter valued at $113,000. Oxbow Advisors LLC acquired a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at $122,000. Fund Advisors of America Inc FL bought a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter worth about $162,000. HBK Sorce Advisory LLC bought a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter worth about $206,000. Finally, Landscape Capital Management L.L.C. bought a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter worth about $453,000.
About Eaton Vance Floating Rate ETF
The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.
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