Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Sees Significant Decrease in Short Interest

Posted by Brian Himes on Jun 30th, 2026

Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 86,256 shares, a decline of 57.6% from the May 31st total of 203,297 shares. Based on an average daily volume of 83,761 shares, the short-interest ratio is currently 1.0 days.

Eaton Vance Floating-Rate Income Trust Stock Up 0.3%

Shares of NYSE EFT traded up $0.04 during trading on Tuesday, hitting $10.76. The company had a trading volume of 67,392 shares, compared to its average volume of 113,944. Eaton Vance Floating-Rate Income Trust has a 12 month low of $10.34 and a 12 month high of $12.67. The stock has a 50 day simple moving average of $10.82 and a 200 day simple moving average of $11.01.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.067 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.5%.

Hedge Funds Weigh In On Eaton Vance Floating-Rate Income Trust

A number of hedge funds have recently modified their holdings of the company. Gould Capital LLC raised its position in shares of Eaton Vance Floating-Rate Income Trust by 93.7% during the 4th quarter. Gould Capital LLC now owns 2,812 shares of the investment management company’s stock valued at $32,000 after purchasing an additional 1,360 shares during the period. Bard Associates Inc. bought a new position in Eaton Vance Floating-Rate Income Trust in the 4th quarter worth $56,000. Advisory Services Network LLC bought a new position in Eaton Vance Floating-Rate Income Trust in the 3rd quarter worth $69,000. Comerica Bank increased its stake in Eaton Vance Floating-Rate Income Trust by 12.4% in the 3rd quarter. Comerica Bank now owns 7,990 shares of the investment management company’s stock worth $94,000 after buying an additional 883 shares in the last quarter. Finally, Fifth Third Bancorp purchased a new stake in Eaton Vance Floating-Rate Income Trust in the 1st quarter worth $124,000.

About Eaton Vance Floating-Rate Income Trust

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Eaton Vance Floating-Rate Income Trust (NYSE: EFT) is a diversified, closed-end management investment company that seeks to provide current income with capital preservation. Originally launched in June 1988, the trust is listed on the New York Stock Exchange and offers investors access to a portfolio of floating-rate debt instruments. As a closed-end vehicle, it issues a fixed number of shares and may employ leverage to enhance income potential.

The trust’s primary investment strategy centers on senior secured floating-rate loans, often referred to as bank loans, issued by U.S.