Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Up 73.6% in July

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large increase in short interest in 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 trading volume of 58,931 shares, the days-to-cover ratio is currently 1.5 days.

Eaton Vance Senior Income Trust Price Performance

Eaton Vance Senior Income Trust stock opened at $4.97 on Friday. Eaton Vance Senior Income Trust has a 12-month low of $4.84 and a 12-month high of $5.64. The firm has a 50 day moving average of $4.98 and a 200 day moving average of $5.05.

Eaton Vance Senior Income Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Tuesday, July 14th were given a $0.032 dividend. The ex-dividend date was Tuesday, July 14th. This is an increase 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%.

Institutional Trading of Eaton Vance Senior Income Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kestra Advisory Services LLC bought a new stake in shares of Eaton Vance Senior Income Trust during the 4th quarter valued at $27,000. WFA of San Diego LLC purchased a new stake in Eaton Vance Senior Income Trust in the 2nd quarter worth $33,000. Citadel Advisors LLC purchased a new stake in Eaton Vance Senior Income Trust in the 3rd quarter worth $55,000. HRT Financial LP purchased a new stake in Eaton Vance Senior Income Trust in the 4th quarter worth $57,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Eaton Vance Senior Income Trust during the third quarter valued at about $65,000.

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.