Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Down 30.5% in December

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 89,792 shares, a decline of 30.5% from the November 30th total of 129,117 shares. Based on an average trading volume of 69,534 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 69,534 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Eaton Vance Senior Income Trust

Several institutional investors have recently added to or reduced their stakes in the company. Shaker Financial Services LLC grew its holdings in Eaton Vance Senior Income Trust by 2.9% in the 3rd quarter. Shaker Financial Services LLC now owns 65,061 shares of the company’s stock worth $357,000 after acquiring an additional 1,836 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of Eaton Vance Senior Income Trust by 12.0% during the second quarter. Cetera Investment Advisers now owns 28,031 shares of the company’s stock worth $159,000 after purchasing an additional 3,000 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of Eaton Vance Senior Income Trust in the second quarter worth about $26,000. Ethos Financial Group LLC grew its stake in shares of Eaton Vance Senior Income Trust by 5.0% in the third quarter. Ethos Financial Group LLC now owns 122,455 shares of the company’s stock worth $671,000 after purchasing an additional 5,858 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in Eaton Vance Senior Income Trust during the 2nd quarter valued at about $33,000.

Eaton Vance Senior Income Trust Price Performance

EVF traded down $0.01 on Monday, hitting $5.29. 161,228 shares of the company were exchanged, compared to its average volume of 81,881. The firm has a fifty day simple moving average of $5.36 and a two-hundred day simple moving average of $5.49. Eaton Vance Senior Income Trust has a 12 month low of $4.77 and a 12 month high of $6.30.

Eaton Vance Senior Income Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 12th were paid a $0.039 dividend. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend was Friday, December 12th.

About Eaton Vance Senior Income Trust

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.