Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Down 36.2% in February

Eaton Vance Senior Income Trust (NYSE:EVF) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 47,000 shares, a drop of 36.2% from the February 13th total of 73,700 shares. Based on an average daily volume of 55,800 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc purchased a new stake in Eaton Vance Senior Income Trust during the 4th quarter valued at $25,000. Concorde Asset Management LLC purchased a new position in Eaton Vance Senior Income Trust during the 3rd quarter valued at about $106,000. Stifel Financial Corp raised its position in Eaton Vance Senior Income Trust by 66.2% during the 4th quarter. Stifel Financial Corp now owns 30,584 shares of the company’s stock valued at $188,000 after purchasing an additional 12,184 shares during the last quarter. Horizon Kinetics Asset Management LLC grew its position in shares of Eaton Vance Senior Income Trust by 47.9% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 32,130 shares of the company’s stock worth $199,000 after buying an additional 10,400 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Eaton Vance Senior Income Trust during the 4th quarter valued at $209,000.

Eaton Vance Senior Income Trust Stock Performance

Eaton Vance Senior Income Trust stock traded down $0.01 during midday trading on Friday, reaching $5.93. 124,784 shares of the stock were exchanged, compared to its average volume of 62,206. The company’s fifty day moving average is $6.17 and its 200-day moving average is $6.20. Eaton Vance Senior Income Trust has a 52 week low of $5.88 and a 52 week high of $6.54.

Eaton Vance Senior Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 13th will be issued a $0.044 dividend. This represents a $0.53 dividend on an annualized basis and a dividend yield of 8.91%. The ex-dividend date is Thursday, March 13th.

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.