Eaton Vance Senior Income Trust (NYSE:EVF) Sees Large Decrease 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 15th, there was short interest totalling 73,700 shares, a drop of 19.0% from the January 31st total of 91,000 shares. Based on an average daily trading volume, of 50,300 shares, the days-to-cover ratio is presently 1.5 days.

Eaton Vance Senior Income Trust Stock Performance

EVF stock traded down $0.06 during trading on Tuesday, hitting $6.07. 109,959 shares of the company’s stock traded hands, compared to its average volume of 62,895. The business has a fifty day simple moving average of $6.20 and a two-hundred day simple moving average of $6.22. Eaton Vance Senior Income Trust has a 1 year low of $5.97 and a 1 year high of $6.54.

Eaton Vance Senior Income Trust Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 24th. Shareholders of record on Thursday, February 13th were issued a $0.044 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.53 dividend on an annualized basis and a yield of 8.71%.

Institutional Trading of Eaton Vance Senior Income Trust

Several hedge funds have recently modified their holdings of EVF. IFP Advisors Inc purchased a new position in shares of Eaton Vance Senior Income Trust in the 4th quarter worth approximately $25,000. Buska Wealth Management LLC boosted its stake in Eaton Vance Senior Income Trust by 25.9% in the fourth quarter. Buska Wealth Management LLC now owns 44,748 shares of the company’s stock valued at $275,000 after acquiring an additional 9,213 shares in the last quarter. Horizon Kinetics Asset Management LLC grew its holdings in Eaton Vance Senior Income Trust by 47.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 32,130 shares of the company’s stock worth $199,000 after purchasing an additional 10,400 shares during the last quarter. Stifel Financial Corp grew its holdings in Eaton Vance Senior Income Trust by 66.2% in 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. Finally, Ameriprise Financial Inc. increased its position in shares of 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 worth $864,000 after purchasing an additional 14,157 shares in the last quarter.

Eaton Vance Senior Income Trust Company Profile

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.