Short Interest in Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Drops By 8.9%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 257,700 shares, a drop of 8.9% from the October 15th total of 282,900 shares. Based on an average daily volume of 322,400 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Several hedge funds have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC boosted its stake in shares of Eaton Vance Limited Duration Income Fund by 5.5% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 904,114 shares of the company’s stock valued at $9,303,000 after purchasing an additional 47,087 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Eaton Vance Limited Duration Income Fund by 13.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 856,361 shares of the company’s stock worth $8,341,000 after buying an additional 99,033 shares during the period. Capital Investment Advisors LLC lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 6.6% in the 3rd quarter. Capital Investment Advisors LLC now owns 830,620 shares of the company’s stock valued at $8,730,000 after acquiring an additional 51,372 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Eaton Vance Limited Duration Income Fund by 1.3% during the second quarter. Cetera Investment Advisers now owns 637,416 shares of the company’s stock valued at $6,208,000 after purchasing an additional 8,424 shares during the period. Finally, Cetera Advisors LLC grew its holdings in shares of Eaton Vance Limited Duration Income Fund by 300.7% in the first quarter. Cetera Advisors LLC now owns 497,546 shares of the company’s stock worth $4,851,000 after purchasing an additional 373,385 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Price Performance

NYSEAMERICAN:EVV remained flat at $10.02 during mid-day trading on Tuesday. 118,609 shares of the company traded hands, compared to its average volume of 330,671. Eaton Vance Limited Duration Income Fund has a 12 month low of $9.03 and a 12 month high of $10.55.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 18th. Investors of record on Monday, November 11th were given a $0.0791 dividend. This represents a $0.95 annualized dividend and a dividend yield of 9.47%. The ex-dividend date of this dividend was Friday, November 8th.

Eaton Vance Limited Duration Income Fund Company Profile

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.