Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Short Interest Update

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) was the recipient of a large decline in short interest in the month of 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. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 66,822 shares, the short-interest ratio is currently 3.7 days. 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 company’s shares are short sold.

Institutional Trading of Eaton Vance Floating Rate ETF

An institutional investor recently bought a new position in Eaton Vance Floating Rate ETF stock. Ameriprise Financial Inc. purchased a new position in shares of Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 552,321 shares of the company’s stock, valued at approximately $27,435,000. Ameriprise Financial Inc. owned approximately 1.85% of Eaton Vance Floating Rate ETF as of its most recent SEC filing.

Eaton Vance Floating Rate ETF Stock Up 0.1%

Shares of EVLN stock opened at $49.63 on Friday. Eaton Vance Floating Rate ETF has a 1-year low of $48.21 and a 1-year high of $50.70. The company has a 50-day moving average of $49.60 and a two-hundred day moving average of $49.77.

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.