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

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 28,800 shares, a growth of 29.1% from the January 15th total of 22,300 shares. Based on an average daily volume of 41,100 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Eaton Vance Short Duration Diversified Income Fund

A number of hedge funds have recently added to or reduced their stakes in EVG. International Assets Investment Management LLC bought a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at about $3,799,000. LPL Financial LLC raised its stake in Eaton Vance Short Duration Diversified Income Fund by 279.2% in the fourth quarter. LPL Financial LLC now owns 199,815 shares of the company’s stock worth $2,182,000 after buying an additional 147,124 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in Eaton Vance Short Duration Diversified Income Fund during the third quarter worth $1,066,000. Tallon Kerry Patrick bought a new stake in Eaton Vance Short Duration Diversified Income Fund during the 4th quarter valued at $244,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 20.9% in the 4th quarter. Wells Fargo & Company MN now owns 52,719 shares of the company’s stock valued at $576,000 after acquiring an additional 9,116 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Stock Down 0.3 %

Shares of NYSE EVG traded down $0.04 during trading hours on Friday, reaching $11.17. The stock had a trading volume of 5,343 shares, compared to its average volume of 40,971. The business’s fifty day moving average price is $11.06 and its two-hundred day moving average price is $11.12. Eaton Vance Short Duration Diversified Income Fund has a 52-week low of $10.29 and a 52-week high of $11.45.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.074 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.89 annualized dividend and a dividend yield of 7.95%. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

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.