Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 47,389 shares, a growth of 105.2% from the September 15th total of 23,089 shares. Based on an average daily trading volume, of 133,310 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are sold short.
Eaton Vance Intermediate Municipal Income ETF Price Performance
NYSEARCA:EVIM opened at $50.62 on Wednesday. The business’s fifty day moving average price is $51.53 and its 200 day moving average price is $52.43. Eaton Vance Intermediate Municipal Income ETF has a 1-year low of $49.91 and a 1-year high of $54.21.
Hedge Funds Weigh In On Eaton Vance Intermediate Municipal Income ETF
A hedge fund recently raised its stake in Eaton Vance Intermediate Municipal Income ETF stock. FSA Advisors Inc. lifted its stake in Eaton Vance Intermediate Municipal Income ETF (NYSEARCA:EVIM – Free Report) by 61.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,939 shares of the company’s stock after purchasing an additional 4,153 shares during the quarter. FSA Advisors Inc. owned 0.27% of Eaton Vance Intermediate Municipal Income ETF worth $575,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About Eaton Vance Intermediate Municipal Income ETF
The Eaton Vance Intermediate Municipal Income ETF (EVIM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a portfolio of US municipal bonds exempt from regular federal income tax. The fund aims for an average portfolio duration between three and eight years EVIM was launched on Oct 16, 2023 and is issued by Eaton Vance.
Further Reading
- Five stocks we like better than Eaton Vance Intermediate Municipal Income ETF
- Tax Credit Turmoil: Why Enphase and SolarEdge Face a Tough Road
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
Receive News & Ratings for Eaton Vance Intermediate Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Intermediate Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
