Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Up 16.4% in November

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 71,700 shares, a growth of 16.4% from the November 15th total of 61,600 shares. Based on an average trading volume of 138,100 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Eaton Vance Municipal Bond Fund

Hedge funds have recently bought and sold shares of the business. Hennion & Walsh Asset Management Inc. grew its stake in Eaton Vance Municipal Bond Fund by 24.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 685,119 shares of the company’s stock worth $7,372,000 after buying an additional 134,434 shares in the last quarter. Wealth Alliance Advisory Group LLC increased its stake in shares of Eaton Vance Municipal Bond Fund by 36.8% in the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 17,366 shares of the company’s stock valued at $187,000 after acquiring an additional 4,667 shares in the last quarter. High Net Worth Advisory Group LLC bought a new stake in Eaton Vance Municipal Bond Fund in the 3rd quarter valued at about $399,000. Quarry LP lifted its stake in shares of Eaton Vance Municipal Bond Fund by 21.9% in the second quarter. Quarry LP now owns 71,915 shares of the company’s stock valued at $761,000 after buying an additional 12,900 shares in the last quarter. Finally, Daymark Wealth Partners LLC bought a new stake in Eaton Vance Municipal Bond Fund during the 2nd quarter worth approximately $106,000.

Eaton Vance Municipal Bond Fund Trading Down 0.7 %

NYSEAMERICAN:EIM traded down $0.07 during mid-day trading on Monday, hitting $10.61. The stock had a trading volume of 195,629 shares, compared to its average volume of 166,256. Eaton Vance Municipal Bond Fund has a twelve month low of $9.72 and a twelve month high of $10.93.

Eaton Vance Municipal Bond Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.0508 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Eaton Vance Municipal Bond Fund Company Profile

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.