Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) Short Interest Up 53.9% in March

Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) was the target of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 74,500 shares, a growth of 53.9% from the February 28th total of 48,400 shares. Based on an average daily volume of 38,500 shares, the days-to-cover ratio is currently 1.9 days.

Eaton Vance New York Municipal Bond Fund Stock Performance

Shares of ENX traded down $0.04 during midday trading on Friday, hitting $9.56. 28,747 shares of the stock traded hands, compared to its average volume of 35,569. The company’s 50 day simple moving average is $9.65. Eaton Vance New York Municipal Bond Fund has a 1-year low of $9.27 and a 1-year high of $10.14.

Eaton Vance New York Municipal Bond Fund Company Profile

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.