Eaton Vance New York Municipal Bond Fund (NYSEAMERICAN:ENX) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 8,880 shares, a drop of 89.0% from the December 14th total of 80,845 shares. Based on an average daily volume of 92,169 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Shares of NYSEAMERICAN ENX opened at $11.32 on Friday. Eaton Vance New York Municipal Bond Fund has a 1-year low of $10.57 and a 1-year high of $12.32.

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 31st. Shareholders of record on Thursday, January 24th will be issued a $0.0448 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Wednesday, January 23rd.

A number of institutional investors have recently added to or reduced their stakes in the business. Dakota Wealth Management acquired a new stake in Eaton Vance New York Municipal Bond Fund in the third quarter valued at $292,000. Wells Fargo & Company MN lifted its holdings in Eaton Vance New York Municipal Bond Fund by 72.1% in the third quarter. Wells Fargo & Company MN now owns 60,211 shares of the company’s stock valued at $666,000 after acquiring an additional 25,223 shares during the period. Centaurus Financial Inc. acquired a new stake in Eaton Vance New York Municipal Bond Fund in the second quarter valued at $103,000. Finally, Bank of America Corp DE lifted its holdings in Eaton Vance New York Municipal Bond Fund by 72.1% in the second quarter. Bank of America Corp DE now owns 108,074 shares of the company’s stock valued at $1,222,000 after acquiring an additional 45,270 shares during the period.

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Eaton Vance New York Municipal Bond Fund Company Profile

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.

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