Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Up 178.6% in February

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 42,520 shares, an increase of 178.6% from the January 29th total of 15,262 shares. Based on an average trading volume of 91,206 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 91,206 shares, the days-to-cover ratio is currently 0.5 days.

Eaton Vance Senior Income Trust Stock Down 0.9%

Eaton Vance Senior Income Trust stock traded down $0.05 during midday trading on Friday, hitting $5.10. 87,493 shares of the stock were exchanged, compared to its average volume of 111,187. The company has a fifty day simple moving average of $5.28 and a two-hundred day simple moving average of $5.39. Eaton Vance Senior Income Trust has a 52 week low of $4.77 and a 52 week high of $6.17.

Eaton Vance Senior Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Friday, February 13th were given a dividend of $0.039 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend was Friday, February 13th.

Institutional Trading of Eaton Vance Senior Income Trust

Large investors have recently made changes to their positions in the company. 1607 Capital Partners LLC lifted its holdings in Eaton Vance Senior Income Trust by 258.3% during the fourth quarter. 1607 Capital Partners LLC now owns 896,307 shares of the company’s stock worth $4,724,000 after acquiring an additional 646,167 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Eaton Vance Senior Income Trust by 9.4% in the fourth quarter. Sit Investment Associates Inc. now owns 714,807 shares of the company’s stock worth $3,767,000 after acquiring an additional 61,128 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of Eaton Vance Senior Income Trust by 51.9% during the fourth quarter. Wolverine Asset Management LLC now owns 414,358 shares of the company’s stock worth $2,184,000 after purchasing an additional 141,579 shares during the period. Guggenheim Capital LLC lifted its holdings in shares of Eaton Vance Senior Income Trust by 15.3% during the 4th quarter. Guggenheim Capital LLC now owns 318,063 shares of the company’s stock valued at $1,676,000 after purchasing an additional 42,198 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Eaton Vance Senior Income Trust by 12.2% during the 2nd quarter. Invesco Ltd. now owns 261,033 shares of the company’s stock valued at $1,485,000 after purchasing an additional 28,353 shares in the last quarter.

Eaton Vance Senior Income Trust Company Profile

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.