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

Eaton Vance Senior Income Trust (NYSE:EVF) saw a significant 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 daily trading volume, of 69,534 shares, the short-interest ratio is presently 1.3 days. Based on an average daily trading volume, of 69,534 shares, the short-interest ratio is presently 1.3 days.

Eaton Vance Senior Income Trust Stock Performance

Shares of NYSE EVF traded up $0.01 during mid-day trading on Tuesday, reaching $5.29. 150,070 shares of the company traded hands, compared to its average volume of 82,154. The company’s fifty day moving average is $5.36 and its two-hundred day moving average is $5.49. Eaton Vance Senior Income Trust has a fifty-two week low of $4.77 and a fifty-two week high of $6.30.

Eaton Vance Senior Income Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 12th were issued a dividend of $0.039 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date was Friday, December 12th.

Institutional Trading of Eaton Vance Senior Income Trust

A number of institutional investors and hedge funds have recently modified their holdings of EVF. Invesco Ltd. grew its stake in Eaton Vance Senior Income Trust by 31.6% in the 1st quarter. Invesco Ltd. now owns 232,680 shares of the company’s stock valued at $1,359,000 after buying an additional 55,851 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new position in Eaton Vance Senior Income Trust during the 1st quarter worth $136,000. Melfa Wealth Management Inc. boosted its holdings in Eaton Vance Senior Income Trust by 45.5% during the second quarter. Melfa Wealth Management Inc. now owns 28,797 shares of the company’s stock valued at $164,000 after acquiring an additional 9,000 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Eaton Vance Senior Income Trust in the second quarter valued at about $53,000. Finally, Wolverine Asset Management LLC grew its position in shares of Eaton Vance Senior Income Trust by 163.8% in the second quarter. Wolverine Asset Management LLC now owns 170,149 shares of the company’s stock valued at $968,000 after purchasing an additional 105,660 shares during 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.