Short Interest in Eaton Vance Senior Income Trust (NYSE:EVF) Decreases By 39.1%

Eaton Vance Senior Income Trust (NYSE:EVF) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 54,528 shares, a decline of 39.1% from the July 15th total of 89,563 shares. Based on an average daily volume of 56,166 shares, the short-interest ratio is currently 1.0 days.

Eaton Vance Senior Income Trust Stock Performance

EVF traded up $0.01 during midday trading on Tuesday, reaching $5.00. 18,635 shares of the company were exchanged, compared to its average volume of 79,267. Eaton Vance Senior Income Trust has a one year low of $4.84 and a one year high of $5.60. The company’s fifty day moving average price is $4.98 and its 200 day moving average price is $5.02.

Eaton Vance Senior Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, August 25th. Investors of record on Thursday, August 13th will be issued a dividend of $0.032 per share. The ex-dividend date is Thursday, August 13th. This represents a c) annualized dividend and a yield of 7.7%.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Several large investors have recently bought and sold shares of EVF. 1607 Capital Partners LLC lifted its stake in Eaton Vance Senior Income Trust by 258.3% during the 4th quarter. 1607 Capital Partners LLC now owns 896,307 shares of the company’s stock valued at $4,724,000 after acquiring an additional 646,167 shares in the last quarter. Icon Advisers Inc. Co. bought a new stake in shares of Eaton Vance Senior Income Trust in the 1st quarter worth $1,534,000. Wolverine Asset Management LLC raised its holdings in shares of Eaton Vance Senior Income Trust by 51.9% in the fourth quarter. Wolverine Asset Management LLC now owns 414,358 shares of the company’s stock valued at $2,184,000 after purchasing an additional 141,579 shares during the last quarter. Rivernorth Capital Management LLC purchased a new stake in shares of Eaton Vance Senior Income Trust in the fourth quarter valued at about $369,000. Finally, Sit Investment Associates Inc. lifted its position in shares of Eaton Vance Senior Income Trust by 9.4% during the fourth quarter. Sit Investment Associates Inc. now owns 714,807 shares of the company’s stock valued at $3,767,000 after purchasing an additional 61,128 shares in the last quarter.

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.