Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Stock Short Interest Report for October

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 134,827 shares, an increase of 77.7% from the September 30th total of 75,875 shares. Based on an average trading volume of 47,129 shares, the days-to-cover ratio is presently 2.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Baird Financial Group Inc. lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 9.4% during the 2nd quarter. Baird Financial Group Inc. now owns 11,650 shares of the company’s stock worth $126,000 after buying an additional 1,000 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 38.9% during the 2nd quarter. CoreCap Advisors LLC now owns 5,000 shares of the company’s stock valued at $54,000 after purchasing an additional 1,400 shares during the last quarter. Post Resch Tallon Group Inc. grew its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 7.4% during the 3rd quarter. Post Resch Tallon Group Inc. now owns 37,163 shares of the company’s stock valued at $369,000 after purchasing an additional 2,556 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of Eaton Vance Short Duration Diversified Income Fund during the 2nd quarter valued at approximately $109,000. Finally, Arete Wealth Advisors LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund during the 1st quarter worth approximately $269,000.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.4%

EVG traded up $0.04 on Friday, hitting $10.55. 26,622 shares of the stock were exchanged, compared to its average volume of 39,890. Eaton Vance Short Duration Diversified Income Fund has a 12 month low of $9.77 and a 12 month high of $11.30. The business has a 50-day moving average of $10.32 and a two-hundred day moving average of $10.65.

Eaton Vance Short Duration Diversified Income Fund Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were issued a dividend of $0.0711 per share. This is a drop from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.0730. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 8.1%.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol EVG. The fund seeks to provide current income while maintaining a relatively short duration profile and pursuing capital preservation as a secondary objective.

The fund invests in a diversified portfolio of income-producing debt securities and other fixed-income instruments. Its holdings may include investment-grade and below-investment-grade corporate bonds, floating-rate loans, mortgage-backed and asset-backed securities, and debt issued by governments or companies in the United States and other countries.