Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Stock Short Interest Rises 555.4%

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,379 shares, an increase of 555.4% from the September 30th total of 363 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 14,427 shares, the short-interest ratio is presently 0.2 days.

Eaton Vance High Income Municipal ETF Stock Up 0.0%

NASDAQ:EVYM traded up $0.01 during trading hours on Wednesday, hitting $48.11. 17,530 shares of the company’s stock traded hands, compared to its average volume of 8,405. Eaton Vance High Income Municipal ETF has a twelve month low of $46.34 and a twelve month high of $51.22. The stock’s fifty day moving average price is $48.19 and its two-hundred day moving average price is $49.83.

Eaton Vance High Income Municipal ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.2076 per share. This is a drop from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2117. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $2.49 annualized dividend and a yield of 5.2%.

About Eaton Vance High Income Municipal ETF

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.