Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Short Interest Down 14.5% in February

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 57,700 shares, a decrease of 14.5% from the February 13th total of 67,500 shares. Based on an average daily volume of 39,600 shares, the short-interest ratio is currently 1.5 days.

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

Large investors have recently bought and sold shares of the company. Advisors Asset Management Inc. acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter valued at approximately $1,066,000. Stifel Financial Corp boosted its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% in the third quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock valued at $247,000 after buying an additional 2,011 shares during the period. Capital Market Strategies LLC boosted its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 7.2% in the fourth quarter. Capital Market Strategies LLC now owns 20,260 shares of the company’s stock valued at $221,000 after buying an additional 1,365 shares during the period. Tallon Kerry Patrick acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the fourth quarter valued at approximately $244,000. Finally, LPL Financial LLC boosted its holdings in shares of 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 valued at $2,182,000 after buying an additional 147,124 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Stock Down 0.3 %

Shares of NYSE:EVG opened at $10.94 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 52 week low of $10.29 and a 52 week high of $11.45. The company has a 50 day moving average price of $11.07 and a two-hundred day moving average price of $11.12.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.0743 dividend. This represents a $0.89 annualized dividend and a yield of 8.15%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase 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.