Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Sees Significant Increase in Short Interest

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 101,700 shares, an increase of 40.9% from the November 30th total of 72,200 shares. Based on an average daily trading volume, of 306,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EVV. Fortitude Family Office LLC acquired a new position in Eaton Vance Limited Duration Income Fund in the third quarter valued at approximately $33,000. Avior Wealth Management LLC bought a new position in shares of Eaton Vance Limited Duration Income Fund in the 3rd quarter worth $58,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Eaton Vance Limited Duration Income Fund by 188.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,842 shares of the company’s stock worth $57,000 after purchasing an additional 3,818 shares during the period. Eastern Bank bought a new stake in Eaton Vance Limited Duration Income Fund in the third quarter valued at about $105,000. Finally, Wolverine Asset Management LLC lifted its stake in Eaton Vance Limited Duration Income Fund by 1,925.8% in the second quarter. Wolverine Asset Management LLC now owns 10,372 shares of the company’s stock valued at $101,000 after buying an additional 9,860 shares during the period.

Eaton Vance Limited Duration Income Fund Stock Performance

EVV traded down $0.08 during midday trading on Monday, hitting $9.82. The company had a trading volume of 376,586 shares, compared to its average volume of 326,410. Eaton Vance Limited Duration Income Fund has a twelve month low of $9.22 and a twelve month high of $10.55.

Eaton Vance Limited Duration Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th were issued a dividend of $0.0794 per share. This represents a $0.95 annualized dividend and a yield of 9.70%. The ex-dividend date was Thursday, December 12th.

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.