Eaton Vance High Yield ETF (NYSEARCA:EVHY) Sees Significant Drop in Short Interest

Eaton Vance High Yield ETF (NYSEARCA:EVHYGet Free Report) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 44 shares, a decline of 98.1% from the February 26th total of 2,303 shares. Based on an average daily trading volume, of 1,344 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,344 shares, the days-to-cover ratio is currently 0.0 days.

Eaton Vance High Yield ETF Stock Performance

Shares of NYSEARCA:EVHY traded down $0.11 on Tuesday, hitting $51.97. The company’s stock had a trading volume of 996 shares, compared to its average volume of 4,234. The company has a 50-day simple moving average of $52.82 and a 200 day simple moving average of $53.11. Eaton Vance High Yield ETF has a 1 year low of $48.57 and a 1 year high of $53.63.

Eaton Vance High Yield ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Friday, February 27th were given a $0.2463 dividend. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date was Friday, February 27th.

Eaton Vance High Yield ETF Company Profile

(Get Free Report)

The Eaton Vance High Yield ETF (EVHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a broad portfolio of US corporate high yield debt securities with varying maturities. The fund aims for high levels of income and capital growth EVHY was launched on Oct 16, 2023 and is issued by Eaton Vance.

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