Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Sees Large Drop in Short Interest

Eaton Vance Floating Rate ETF (NYSEARCA:EVLNGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,330 shares, a decline of 97.6% from the July 15th total of 55,545 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 116,184 shares, the days-to-cover ratio is currently 0.0 days.

Eaton Vance Floating Rate ETF Price Performance

Shares of Eaton Vance Floating Rate ETF stock traded up $0.07 during trading on Tuesday, reaching $48.81. The company’s stock had a trading volume of 163,462 shares, compared to its average volume of 74,060. Eaton Vance Floating Rate ETF has a 52-week low of $48.08 and a 52-week high of $50.12. The firm’s 50-day moving average is $48.70 and its two-hundred day moving average is $48.73.

Institutional Trading of Eaton Vance Floating Rate ETF

Institutional investors have recently added to or reduced their stakes in the business. Eldridge Investment Advisors Inc. grew its stake in shares of Eaton Vance Floating Rate ETF by 0.6% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 189,982 shares of the company’s stock valued at $9,399,000 after buying an additional 1,102 shares during the last quarter. Oxbow Advisors LLC bought a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at about $122,000. HBK Sorce Advisory LLC bought a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at about $206,000. Flow Traders U.S. LLC bought a new stake in shares of Eaton Vance Floating Rate ETF in the 3rd quarter valued at about $1,174,000. Finally, Altman Advisors Inc. purchased a new stake in Eaton Vance Floating Rate ETF during the 2nd quarter valued at about $442,000.

About Eaton Vance Floating Rate ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Eaton Vance Floating Rate ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Floating Rate ETF and related companies with MarketBeat.com's FREE daily email newsletter.