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

Eaton Vance Senior Income Trust (NYSE:EVFGet Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 89,563 shares, an increase of 73.6% from the June 30th total of 51,590 shares. Based on an average daily volume of 58,931 shares, the short-interest ratio is presently 1.5 days.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 4th quarter worth $27,000. WFA of San Diego LLC acquired a new stake in Eaton Vance Senior Income Trust during the 2nd quarter valued at approximately $33,000. Citadel Advisors LLC bought a new position in Eaton Vance Senior Income Trust during the third quarter worth $55,000. HRT Financial LP acquired a new stake in Eaton Vance Senior Income Trust during the 4th quarter worth about $57,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Eaton Vance Senior Income Trust in the third quarter worth approximately $65,000.

Eaton Vance Senior Income Trust Price Performance

EVF opened at $4.97 on Friday. Eaton Vance Senior Income Trust has a fifty-two week low of $4.84 and a fifty-two week high of $5.64. The stock has a fifty day moving average of $4.98 and a 200-day moving average of $5.05.

Eaton Vance Senior Income Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Tuesday, July 14th were given a $0.032 dividend. The ex-dividend date was Tuesday, July 14th. This is a positive change from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Eaton Vance Senior Income Trust Company Profile

(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.

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