Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,330 shares, a drop of 97.6% from the July 15th total of 55,545 shares. Based on an average daily trading volume, of 116,184 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Eaton Vance Floating Rate ETF Trading Down 0.0%
EVLN traded down $0.02 on Wednesday, hitting $48.79. 8,784 shares of the stock traded hands, compared to its average volume of 73,627. The business has a fifty day moving average price of $48.70 and a two-hundred day moving average price of $48.73. Eaton Vance Floating Rate ETF has a 52 week low of $48.08 and a 52 week high of $50.12.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Ameriprise Financial Inc. bought a new position in shares of Eaton Vance Floating Rate ETF during the 3rd quarter worth about $27,435,000. Keating Financial Advisory Services Inc. bought a new position in Eaton Vance Floating Rate ETF in the 2nd quarter valued at $1,149,000. Altman Advisors Inc. bought a new stake in Eaton Vance Floating Rate ETF during the 2nd quarter worth about $442,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at $453,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Eaton Vance Floating Rate ETF during the 3rd quarter valued at $1,174,000.
Eaton Vance Floating Rate ETF Company Profile
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.
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