Eaton Vance Ltd Duration Income Fund (EVV) Sees Significant Increase in Short Interest

Eaton Vance Ltd Duration Income Fund (NYSE:EVV) was the target of a significant growth in short interest in September. As of September 29th, there was short interest totalling 115,911 shares, a growth of 172.1% from the September 15th total of 42,593 shares. Based on an average daily trading volume, of 232,724 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Institutional investors have recently bought and sold shares of the business. Benedict Financial Advisors Inc. increased its holdings in shares of Eaton Vance Ltd Duration Income Fund by 0.3% in the 2nd quarter. Benedict Financial Advisors Inc. now owns 11,030 shares of the company’s stock worth $155,000 after purchasing an additional 36 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of Eaton Vance Ltd Duration Income Fund in the 2nd quarter worth $166,000. Wedbush Securities Inc. increased its holdings in shares of Eaton Vance Ltd Duration Income Fund by 3.1% in the 2nd quarter. Wedbush Securities Inc. now owns 18,908 shares of the company’s stock worth $267,000 after purchasing an additional 567 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Eaton Vance Ltd Duration Income Fund by 26.8% in the 2nd quarter. Private Advisor Group LLC now owns 25,354 shares of the company’s stock worth $355,000 after purchasing an additional 5,351 shares in the last quarter. Finally, National Planning Corp bought a new stake in shares of Eaton Vance Ltd Duration Income Fund in the 2nd quarter worth $451,000.

Shares of Eaton Vance Ltd Duration Income Fund (NYSE:EVV) traded up 0.21% during midday trading on Tuesday, reaching $14.07. The company had a trading volume of 213,189 shares. Eaton Vance Ltd Duration Income Fund has a one year low of $12.82 and a one year high of $14.29. The company has a 50-day moving average price of $13.95 and a 200 day moving average price of $13.97.

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 19th. Shareholders of record on Thursday, October 12th will be issued a $0.0806 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 6.87%. The ex-dividend date is Wednesday, October 11th.

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About Eaton Vance Ltd Duration Income Fund

Eaton Vance Limited Duration Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund may, as a secondary objective, also seek capital appreciation to the extent it is consistent with its primary objective.

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