Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Rises By 16.1%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 47,700 shares, an increase of 16.1% from the May 31st total of 41,100 shares. Based on an average daily volume of 305,700 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Limited Duration Income Fund Stock Down 0.1 %

EVV opened at $9.70 on Wednesday. Eaton Vance Limited Duration Income Fund has a twelve month low of $8.52 and a twelve month high of $10.00.

Eaton Vance Limited Duration Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Thursday, July 11th will be issued a dividend of $0.0791 per share. This is a positive change from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.08. This represents a $0.95 annualized dividend and a yield of 9.79%. The ex-dividend date of this dividend is Thursday, July 11th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 12.2% in the 3rd quarter. LPL Financial LLC now owns 781,737 shares of the company’s stock valued at $7,067,000 after buying an additional 85,001 shares during the period. Stifel Financial Corp boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 3.0% in the 3rd quarter. Stifel Financial Corp now owns 329,221 shares of the company’s stock valued at $2,976,000 after buying an additional 9,454 shares during the period. Penserra Capital Management LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 275.3% in the 3rd quarter. Penserra Capital Management LLC now owns 1,196,625 shares of the company’s stock valued at $10,817,000 after buying an additional 877,821 shares during the period. Edmonds Duncan Registered Investment Advisors LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 0.5% in the 4th quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 232,051 shares of the company’s stock valued at $2,223,000 after buying an additional 1,060 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 1.5% in the 4th quarter. CoreCap Advisors LLC now owns 117,285 shares of the company’s stock valued at $1,124,000 after buying an additional 1,770 shares during the period.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.