Short-term stake in Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) drops 35.7%


Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG – Get Rating) was the target of a sharp decline in short-term interest in April. As of April 15, there was short interest totaling 8,100 shares, down 35.7% from the March 31 total of 12,600 shares. Based on an average trading volume of 68,000 shares, the short-term interest rate ratio is currently 0.1 day.

Large investors have recently changed their stock holdings. First Trust Advisors LP increased its holdings of the Eaton Vance Diversified Short Duration Income Fund by 0.8% in the fourth quarter. First Trust Advisors LP now owns 166,112 shares of the company worth $2,204,000 after buying an additional 1,295 shares in the last quarter. Advisor Group Holdings Inc. increased its holdings of Eaton Vance Diversified Short Duration Income Fund by 6.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 67,019 shares of the company worth $890,000 after buying 3,777 additional shares in the last quarter. Fiera Capital Corp increased its holdings of the Eaton Vance Diversified Short Duration Income Fund by 2.9% in the fourth quarter. Fiera Capital Corp now owns 43,814 shares of the company worth $581,000 after buying 1,252 more shares last quarter. Commonwealth Equity Services LLC increased its holdings in Eaton Vance Short Duration Diversified Income Fund by 32.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 28,449 shares of the company worth $377,000 after purchasing an additional 6,989 shares in the last quarter. Finally, Guggenheim Capital LLC increased its holdings in Eaton Vance Short Duration Diversified Income Fund by 43.0% in the fourth quarter. Guggenheim Capital LLC now owns 84,926 shares of the company worth $1,127,000 after purchasing an additional 25,555 shares last quarter.

Shares of the Eaton Vance Short Duration Diversified Income Fund traded down $0.05 on Friday, hitting $10.98. 38,361 shares of the company were traded, against an average volume of 69,813. The Eaton Vance Diversified Short Duration Income Fund has a 12-month low of $10.96 and a 12-month high of $14.26 . The company has a 50-day moving average price of $11.47 and a 200-day moving average price of $12.56.

The company also recently disclosed a monthly dividend, which was paid on Friday, April 29. Investors of record on Friday, April 22 received a dividend of $0.101. This represents a dividend of $1.21 on an annualized basis and a yield of 11.04%. The ex-dividend date was Thursday, April 21.

Eaton Vance Short Duration Diversified Income Fund Company Profile (Get an assessment)

Eaton Vance Short Duration Diversified Income Fund is a closed-end, fixed-income mutual fund launched and managed by Eaton Vance Management. The fund invests in US bond markets. It invests primarily in floating rate senior secured loans, foreign currency denominated bank deposits, debt securities of foreign government and private issuers and mortgage-backed securities.

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