Short Interest in Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Decreases By 90.9%


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Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 2,400 shares, a decrease of 90.9% from the December 15th total of 26,500 shares. Based on an average trading volume of 37,300 shares, the short-interest ratio is currently 0.1 days.

Large investors have recently bought and sold shares of the business. Morgan Stanley lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 3.0% during the first quarter. Morgan Stanley now owns 346,673 shares of the company’s stock worth $3,789,000 after acquiring an additional 10,108 shares in the last quarter. LPL Financial LLC lifted its position in shares of Eaton Vance Short Duration Diversified Income Fund by 10.4% during the third quarter. LPL Financial LLC now owns 27,803 shares of the company’s stock worth $318,000 after acquiring an additional 2,626 shares in the last quarter. CNH Partners LLC purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund during the third quarter worth $170,000. Rivernorth Capital Management LLC purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund during the third quarter worth $651,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter worth $123,000.

Shares of NYSE:EVG traded up $0.11 during trading on Wednesday, hitting $13.06. 26,503 shares of the company were exchanged, compared to its average volume of 50,850. The stock has a 50 day moving average of $12.48 and a 200 day moving average of $11.84. Eaton Vance Short Duration Diversified Income Fund has a 52-week low of $8.63 and a 52-week high of $13.70.

The business also recently announced a monthly dividend, which will be paid on Friday, January 29th. Shareholders of record on Friday, January 22nd will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, January 21st. This represents a $0.90 annualized dividend and a dividend yield of 6.89%.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.

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