Short Interest in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Rises By 16.8%

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 318,700 shares, an increase of 16.8% from the February 13th total of 272,800 shares. Based on an average trading volume of 78,700 shares, the short-interest ratio is currently 4.0 days.

Institutional Investors Weigh In On Eaton Vance Senior Floating-Rate Trust

A number of institutional investors and hedge funds have recently made changes to their positions in EFR. National Bank of Canada FI grew its position in Eaton Vance Senior Floating-Rate Trust by 29.4% during the third quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock worth $45,000 after buying an additional 800 shares in the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 4th quarter valued at about $43,000. Dunhill Financial LLC purchased a new position in shares of Eaton Vance Senior Floating-Rate Trust during the fourth quarter worth about $93,000. Orion Portfolio Solutions LLC bought a new position in shares of Eaton Vance Senior Floating-Rate Trust in the third quarter worth approximately $154,000. Finally, Focus Partners Wealth purchased a new stake in Eaton Vance Senior Floating-Rate Trust in the fourth quarter valued at approximately $179,000.

Eaton Vance Senior Floating-Rate Trust Price Performance

Eaton Vance Senior Floating-Rate Trust stock opened at $12.32 on Friday. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.24 and a 1-year high of $13.40. The firm’s 50 day simple moving average is $12.91 and its 200 day simple moving average is $12.85.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.091 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.09 annualized dividend and a dividend yield of 8.86%.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.