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

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 51,112 shares, an increase of 187.3% from the February 26th total of 17,788 shares. Based on an average daily volume of 98,866 shares, the days-to-cover ratio is currently 0.5 days.

Eaton Vance Senior Income Trust Stock Performance

Shares of Eaton Vance Senior Income Trust stock traded down $0.08 on Friday, reaching $4.86. 135,832 shares of the company were exchanged, compared to its average volume of 103,536. Eaton Vance Senior Income Trust has a 1-year low of $4.77 and a 1-year high of $5.88. The stock’s 50 day moving average price is $5.17 and its 200-day moving average price is $5.32.

Eaton Vance Senior Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, March 25th. Investors of record on Friday, March 13th were paid a $0.039 dividend. The ex-dividend date was Friday, March 13th. This represents a c) dividend on an annualized basis and a yield of 9.6%.

Institutional Investors Weigh In On Eaton Vance Senior Income Trust

A number of large investors have recently modified their holdings of EVF. Elevation Point Wealth Partners LLC purchased a new stake in shares of Eaton Vance Senior Income Trust during the 2nd quarter worth $26,000. Kestra Advisory Services LLC purchased a new stake in Eaton Vance Senior Income Trust during the 4th quarter worth about $27,000. WFA of San Diego LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 2nd quarter worth about $33,000. Citadel Advisors LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 3rd quarter worth about $55,000. Finally, HRT Financial LP purchased a new position in shares of Eaton Vance Senior Income Trust in the 4th quarter valued at about $57,000.

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.