Eaton Vance Senior Income Trust (NYSE:EVF) Sees Large Drop in Short Interest

Eaton Vance Senior Income Trust (NYSE:EVFGet Free Report) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 89,792 shares, a decline of 30.5% from the November 30th total of 129,117 shares. Based on an average daily volume of 69,534 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 69,534 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of Eaton Vance Senior Income Trust

A number of hedge funds have recently made changes to their positions in EVF. Calamos Advisors LLC bought a new stake in Eaton Vance Senior Income Trust in the second quarter worth $324,000. Invesco Ltd. raised its position in shares of Eaton Vance Senior Income Trust by 31.6% in the 1st quarter. Invesco Ltd. now owns 232,680 shares of the company’s stock worth $1,359,000 after purchasing an additional 55,851 shares during the last quarter. Landscape Capital Management L.L.C. bought a new position in Eaton Vance Senior Income Trust in the 1st quarter worth about $136,000. Ethos Financial Group LLC boosted its stake in Eaton Vance Senior Income Trust by 19.6% in the 2nd quarter. Ethos Financial Group LLC now owns 116,597 shares of the company’s stock worth $663,000 after purchasing an additional 19,096 shares in the last quarter. Finally, Wolverine Asset Management LLC grew its position in Eaton Vance Senior Income Trust by 163.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 170,149 shares of the company’s stock valued at $968,000 after purchasing an additional 105,660 shares during the last quarter.

Eaton Vance Senior Income Trust Trading Down 0.2%

Shares of NYSE EVF traded down $0.01 during mid-day trading on Monday, hitting $5.29. 161,228 shares of the stock traded hands, compared to its average volume of 81,881. The stock has a fifty day moving average price of $5.36 and a 200-day moving average price of $5.49. Eaton Vance Senior Income Trust has a 52 week low of $4.77 and a 52 week high of $6.30.

Eaton Vance Senior Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 12th were paid a dividend of $0.039 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%.

About Eaton Vance Senior Income Trust

(Get Free Report)

Eaton Vance Senior Income Trust (NYSE: EVF) is a closed-end management investment company that seeks high current income while preserving capital. Externally managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management following its 2021 acquisition, the trust offers investors exposure to a diversified portfolio of floating-rate senior secured loans and other corporate debt instruments.

The trust’s investment strategy is centered on senior secured bank loans, which typically carry floating interest rates and enjoy priority over other debt in a borrower’s capital structure.

Further Reading

Receive News & Ratings for Eaton Vance Senior Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Senior Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.