Eaton Vance Senior Income Trust (NYSE:EVF) Sees Significant Decline in Short Interest

Eaton Vance Senior Income Trust (NYSE:EVF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 47,000 shares, a drop of 36.2% from the February 13th total of 73,700 shares. Based on an average daily trading volume, of 55,800 shares, the short-interest ratio is currently 0.8 days.

Eaton Vance Senior Income Trust Price Performance

NYSE EVF traded down $0.01 during trading on Friday, reaching $5.93. The company’s stock had a trading volume of 124,784 shares, compared to its average volume of 62,174. The firm has a fifty day moving average of $6.17 and a 200 day moving average of $6.21. Eaton Vance Senior Income Trust has a one year low of $5.88 and a one year high of $6.54.

Eaton Vance Senior Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 13th will be paid a $0.044 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 8.91%. The ex-dividend date of this dividend is Thursday, March 13th.

Institutional Investors Weigh In On Eaton Vance Senior Income Trust

Several hedge funds have recently bought and sold shares of the stock. Wolverine Asset Management LLC bought a new position in shares of Eaton Vance Senior Income Trust in the 3rd quarter worth $284,000. Concorde Asset Management LLC bought a new position in Eaton Vance Senior Income Trust in the third quarter valued at $106,000. Ameriprise Financial Inc. raised its position in Eaton Vance Senior Income Trust by 11.2% during the fourth quarter. Ameriprise Financial Inc. now owns 140,642 shares of the company’s stock valued at $864,000 after purchasing an additional 14,157 shares in the last quarter. Buska Wealth Management LLC raised its position in Eaton Vance Senior Income Trust by 25.9% during the fourth quarter. Buska Wealth Management LLC now owns 44,748 shares of the company’s stock valued at $275,000 after purchasing an additional 9,213 shares in the last quarter. Finally, Stifel Financial Corp lifted its stake in Eaton Vance Senior Income Trust by 66.2% during the fourth quarter. Stifel Financial Corp now owns 30,584 shares of the company’s stock worth $188,000 after purchasing an additional 12,184 shares during the last quarter.

About Eaton Vance Senior Income Trust

Eaton Vance Senior Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It seeks to invest in the securities of companies operating across the diversified sectors. The fund primarily invests in senior secured floating rate loans.