Eaton Vance Municipal Income 2028 Term Trust (ETX) Short Interest Ratio & Short Volume

$18.03
+0.14 (+0.78%)
(As of 04/23/2024 ET)

Eaton Vance Municipal Income 2028 Term Trust Short Interest Data

Current Short Volume
24,100 shares
Previous Short Volume
40,000 shares
Change Vs. Previous Month
-39.75%
Dollar Volume Sold Short
$429,944.00
Short Interest Ratio / Days to Cover
0.8
Last Record Date
March 31, 2024
Today's Trading Volume
24,099 shares
Average Trading Volume
30,737 shares
Today's Volume Vs. Average
78%
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ETX Short Interest Over Time

ETX Days to Cover Over Time

ETX Percentage of Float Shorted Over Time

Eaton Vance Municipal Income 2028 Term Trust Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202424,100 shares $429,944.00 -39.8%N/A0.8 $17.84
3/15/202440,000 shares $736,800.00 +203.0%N/A1.2 $18.42
2/29/202413,200 shares $237,468.00 +33.3%N/A0.4 $17.99
2/15/20249,900 shares $177,705.00 -41.1%N/A0.3 $17.95
1/31/202416,800 shares $297,528.00 -32.0%N/A0.4 $17.71
1/15/202424,700 shares $446,329.00 -13.9%N/A0.6 $18.07
12/31/202328,700 shares $497,658.00 -11.2%N/A0.7 $17.34
12/15/202332,300 shares $573,002.00 -6.9%N/A0.9 $17.74
11/30/202334,700 shares $608,985.00 +257.7%N/A1 $17.55
11/15/20239,700 shares $167,131.00 -70.3%N/A0.3 $17.23
10/31/202332,700 shares $549,687.00 +39.2%N/A1 $16.81
10/15/202323,500 shares $391,275.00 +14.1%N/A0.7 $16.65
9/30/202320,600 shares $349,376.00 +202.9%N/A0.6 $16.96
9/15/20236,800 shares $115,736.00 +79.0%N/A0.2 $17.02
8/31/20233,800 shares $64,828.00 -5.0%N/A0.1 $17.06
8/15/20234,000 shares $69,160.00 -13.0%N/A0.1 $17.29
7/31/20234,600 shares $81,236.00 -62.6%N/A0.2 $17.66
7/15/202312,300 shares $217,833.00 +0.8%N/A0.4 $17.71
6/30/202312,200 shares $214,476.00 +408.3%N/A0.4 $17.58
6/15/20232,400 shares $42,312.00 -66.2%N/A0.1 $17.63
5/31/20237,100 shares $127,090.00 -38.8%N/A0.3 $17.90
5/15/202311,600 shares $206,480.00 -63.9%N/A0.4 $17.80
4/30/202332,100 shares $594,492.00 +37.8%N/A1.1 $18.52
4/15/202323,300 shares $426,157.00 +111.8%N/A0.8 $18.29
3/31/202311,000 shares $195,690.00 +17.0%N/A0.4 $17.79
3/15/20239,400 shares $168,354.00 -45.0%N/A0.3 $17.91
2/28/202317,100 shares $303,696.00 +228.9%N/A0.5 $17.76
2/15/20235,200 shares $93,496.00 -55.9%N/A0.1 $17.98
1/31/202311,800 shares $218,536.00 -7.1%N/A0.3 $18.52
1/15/202312,700 shares $232,537.00 -57.1%N/A0.4 $18.31
12/30/202229,600 shares $527,768.00 -35.2%N/A0.9 $17.83
12/15/202245,700 shares $836,310.00 -33.5%N/A1.6 $18.30
11/30/202268,700 shares $1.28 million -10.6%N/A3.2 $18.60
11/15/202276,800 shares $1.43 million -0.4%N/A4.3 $18.60
10/31/202277,100 shares $1.43 million -11.7%N/A5.4 $18.59
10/15/202287,300 shares $1.70 million No ChangeN/A6.7 $19.43
9/30/202270,500 shares $1.32 million +4.3%N/A5.6 $18.70
9/15/202267,600 shares $1.34 million -1.0%N/A4.9 $19.87
8/31/202268,300 shares $1.38 million -11.8%N/A4.5 $20.21
8/15/202277,400 shares $1.60 million +5.0%N/A4.4 $20.69
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ETX Short Interest - Frequently Asked Questions

What is Eaton Vance Municipal Income 2028 Term Trust's current short interest?

Short interest is the volume of Eaton Vance Municipal Income 2028 Term Trust shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 24,100 shares of ETX short. Learn More on Eaton Vance Municipal Income 2028 Term Trust's current short interest.

What is a good short interest ratio for Eaton Vance Municipal Income 2028 Term Trust?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. ETX shares currently have a short interest ratio of 1.0. Learn More on Eaton Vance Municipal Income 2028 Term Trust's short interest ratio.

Is Eaton Vance Municipal Income 2028 Term Trust's short interest increasing or decreasing?

Eaton Vance Municipal Income 2028 Term Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 24,100 shares, a decline of 39.8% from the previous total of 40,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: TC Energy Co. ($4.49 billion), T-Mobile US, Inc. ($3.94 billion), General Motors ($3.34 billion), Charter Communications, Inc. ($3.32 billion), Occidental Petroleum Co. ($3.21 billion), Super Micro Computer, Inc. ($3.13 billion), Coinbase Global, Inc. ($3.08 billion), Moderna, Inc. ($2.28 billion), Tractor Supply ($2.24 billion), and Royal Caribbean Cruises Ltd. ($2.14 billion). View all of the most shorted stocks.

What does it mean to sell short Eaton Vance Municipal Income 2028 Term Trust stock?

Short selling ETX is an investing strategy that aims to generate trading profit from Eaton Vance Municipal Income 2028 Term Trust as its price is falling. ETX shares are trading up $0.14 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Eaton Vance Municipal Income 2028 Term Trust?

A short squeeze for Eaton Vance Municipal Income 2028 Term Trust occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of ETX, which in turn drives the price of the stock up even further.

How often is Eaton Vance Municipal Income 2028 Term Trust's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ETX, twice per month. The most recent reporting period available is March, 31 2024.



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This page (NYSE:ETX) was last updated on 4/23/2024 by MarketBeat.com Staff

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