Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Short Interest Up 394.1% in July

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVVGet Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 91,863 shares, a growth of 394.1% from the June 30th total of 18,591 shares. Based on an average daily trading volume, of 337,698 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Several hedge funds have recently modified their holdings of EVV. Ameriprise Financial Inc. grew its position in Eaton Vance Limited Duration Income Fund by 11.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,005,680 shares of the company’s stock worth $41,100,000 after purchasing an additional 396,370 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Eaton Vance Limited Duration Income Fund by 130.2% in the third quarter. NewEdge Advisors LLC now owns 246,654 shares of the company’s stock valued at $2,504,000 after purchasing an additional 139,521 shares in the last quarter. Kanen Wealth Management LLC lifted its holdings in shares of Eaton Vance Limited Duration Income Fund by 60.2% in the first quarter. Kanen Wealth Management LLC now owns 367,219 shares of the company’s stock valued at $3,665,000 after purchasing an additional 137,994 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Eaton Vance Limited Duration Income Fund by 15.1% in the first quarter. Cetera Investment Advisers now owns 933,420 shares of the company’s stock valued at $8,821,000 after purchasing an additional 122,470 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in shares of Eaton Vance Limited Duration Income Fund by 380.1% in the fourth quarter. Jane Street Group LLC now owns 152,300 shares of the company’s stock worth $1,509,000 after buying an additional 120,575 shares during the period.

Eaton Vance Limited Duration Income Fund Price Performance

Shares of NYSEAMERICAN:EVV traded up $0.03 on Monday, reaching $9.11. 36,364 shares of the company traded hands, compared to its average volume of 348,356. Eaton Vance Limited Duration Income Fund has a fifty-two week low of $8.97 and a fifty-two week high of $10.41. The company’s 50 day moving average is $9.28 and its 200-day moving average is $9.52.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Tuesday, July 14th were given a dividend of $0.0706 per share. The ex-dividend date of this dividend was Tuesday, July 14th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%.

Eaton Vance Limited Duration Income Fund Company Profile

(Get Free Report)

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.

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