Short Interest in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Rises By 91.7%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 5,258 shares, a growth of 91.7% from the April 30th total of 2,743 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 5,047 shares, the days-to-cover ratio is presently 1.0 days.

Eaton Vance High Income Municipal ETF Price Performance

EVYM stock opened at $50.55 on Tuesday. Eaton Vance High Income Municipal ETF has a one year low of $47.47 and a one year high of $51.01. The company’s 50 day moving average price is $50.19 and its two-hundred day moving average price is $50.18.

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Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Friday, May 29th will be issued a $0.201 dividend. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.8%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new position in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent filing with the Securities & Exchange Commission.

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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