Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Up 48.1% in March

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 34,800 shares, a growth of 48.1% from the February 28th total of 23,500 shares. Based on an average daily trading volume, of 174,500 shares, the short-interest ratio is presently 0.2 days.

Eaton Vance Municipal Bond Fund Stock Up 0.2 %

Eaton Vance Municipal Bond Fund stock opened at $9.97 on Tuesday. The stock’s 50 day moving average is $10.13. Eaton Vance Municipal Bond Fund has a twelve month low of $9.88 and a twelve month high of $10.93.

Eaton Vance Municipal Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were given a $0.0508 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.61 dividend on an annualized basis and a yield of 6.11%.

Hedge Funds Weigh In On Eaton Vance Municipal Bond Fund

Several institutional investors have recently bought and sold shares of the company. Walleye Capital LLC acquired a new stake in Eaton Vance Municipal Bond Fund in the third quarter valued at about $208,000. HighTower Advisors LLC purchased a new position in shares of Eaton Vance Municipal Bond Fund in the 3rd quarter valued at about $1,901,000. Sanctuary Advisors LLC purchased a new stake in Eaton Vance Municipal Bond Fund during the third quarter worth about $156,000. Capital Investment Advisors LLC grew its position in Eaton Vance Municipal Bond Fund by 2.7% during the fourth quarter. Capital Investment Advisors LLC now owns 39,658 shares of the company’s stock worth $411,000 after buying an additional 1,053 shares during the period. Finally, Allen Mooney & Barnes Investment Advisors LLC increased its holdings in Eaton Vance Municipal Bond Fund by 9.8% in the fourth quarter. Allen Mooney & Barnes Investment Advisors LLC now owns 30,265 shares of the company’s stock valued at $314,000 after buying an additional 2,706 shares in the last quarter.

About Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.