Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Stock Short Interest Drops 78.1%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 32,128 shares, a decline of 78.1% from the September 15th total of 146,561 shares. Based on an average trading volume of 938,026 shares, the days-to-cover ratio is presently 0.0 days.

Eaton Vance Limited Duration Income Fund Stock Down 0.2%

NYSEAMERICAN EVV traded down $0.02 during trading hours on Monday, reaching $8.42. 619,794 shares of the company’s stock were exchanged, compared to its average volume of 415,401. Eaton Vance Limited Duration Income Fund has a one year low of $8.31 and a one year high of $10.21. The firm has a fifty day moving average of $8.85 and a 200-day moving average of $9.15.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 26th. Shareholders of record on Wednesday, October 14th will be given a $0.0668 dividend. This represents a $0.80 annualized dividend and a yield of 9.5%. The ex-dividend date is Wednesday, October 14th. This is a negative change from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.0695.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC bought a new stake in shares of Eaton Vance Limited Duration Income Fund during the second quarter worth $54,000. Corient Private Wealth LP acquired a new stake in shares of Eaton Vance Limited Duration Income Fund in the second quarter valued at $130,000. WealthTrust Asset Management LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund in the first quarter valued at $161,000. Advisory Solutions Group LLC acquired a new stake in shares of Eaton Vance Limited Duration Income Fund in the second quarter valued at $236,000. Finally, Pointe Capital Management LLC raised its holdings in shares of Eaton Vance Limited Duration Income Fund by 23.6% in the fourth quarter. Pointe Capital Management LLC now owns 26,240 shares of the company’s stock valued at $260,000 after buying an additional 5,005 shares during the last quarter.

About Eaton Vance Limited Duration Income Fund

(Get Free Report)

Eaton Vance Limited Duration Income Fund is a closed-end investment fund traded on the NYSE American under the symbol EVV. The fund seeks to provide a high level of current income while also pursuing total return as a secondary objective.

To pursue its objectives, the fund invests in a diversified portfolio of fixed-income securities and other debt-related investments. Its portfolio may include investment-grade and below-investment-grade bonds, loans, mortgage-related securities, asset-backed securities and other income-producing instruments.

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