Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Short Interest Down 20.4% in December

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) saw a significant decline in short interest in December. As of December 31st, there was short interest totaling 246,687 shares, a decline of 20.4% from the December 15th total of 309,863 shares. Based on an average daily trading volume, of 66,822 shares, the short-interest ratio is currently 3.7 days. Currently, 0.9% of the shares of the company are short sold. Currently, 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 66,822 shares, the short-interest ratio is currently 3.7 days.

Eaton Vance Floating Rate ETF Trading Down 0.0%

Shares of EVLN stock traded down $0.01 during mid-day trading on Tuesday, hitting $49.62. 21,189 shares of the stock were exchanged, compared to its average volume of 85,419. Eaton Vance Floating Rate ETF has a 52-week low of $48.21 and a 52-week high of $50.70. The firm has a fifty day moving average of $49.60 and a 200 day moving average of $49.77.

Institutional Trading of Eaton Vance Floating Rate ETF

An institutional investor recently bought a new position in Eaton Vance Floating Rate ETF stock. Flow Traders U.S. LLC purchased a new stake in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,645 shares of the company’s stock, valued at approximately $1,174,000. Flow Traders U.S. LLC owned approximately 0.08% of Eaton Vance Floating Rate ETF at the end of the most recent reporting period.

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.