Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Update

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 48,300 shares, a growth of 187.5% from the March 31st total of 16,800 shares. Based on an average daily trading volume, of 48,500 shares, the short-interest ratio is currently 1.0 days.

Eaton Vance Short Duration Diversified Income Fund Trading Down 0.7 %

NYSE:EVG opened at $10.36 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 12 month low of $9.13 and a 12 month high of $10.86. The business’s 50-day moving average is $10.58 and its 200 day moving average is $10.39.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a $0.079 dividend. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. This represents a $0.95 dividend on an annualized basis and a dividend yield of 9.15%. The ex-dividend date is Monday, April 22nd.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Hedge funds have recently made changes to their positions in the company. Bey Douglas LLC purchased a new stake in Eaton Vance Short Duration Diversified Income Fund during the fourth quarter valued at approximately $187,000. EP Wealth Advisors LLC purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter worth approximately $199,000. Moors & Cabot Inc. raised its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 15.5% in the third quarter. Moors & Cabot Inc. now owns 23,100 shares of the company’s stock worth $240,000 after buying an additional 3,100 shares during the period. Finally, Shaker Financial Services LLC raised its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 27.8% in the fourth quarter. Shaker Financial Services LLC now owns 39,528 shares of the company’s stock worth $410,000 after buying an additional 8,595 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.