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

Eaton Vance Senior Income Trust (NYSE:EVF) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 73,700 shares, a decline of 19.0% from the January 31st total of 91,000 shares. Based on an average daily trading volume, of 50,300 shares, the short-interest ratio is presently 1.5 days.

Institutional Investors Weigh In On Eaton Vance Senior Income Trust

Several large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new stake in Eaton Vance Senior Income Trust in the 4th quarter valued at about $25,000. Buska Wealth Management LLC increased its holdings in Eaton Vance Senior Income Trust by 25.9% during the 4th quarter. Buska Wealth Management LLC now owns 44,748 shares of the company’s stock worth $275,000 after purchasing an additional 9,213 shares during the period. Horizon Kinetics Asset Management LLC increased its holdings in Eaton Vance Senior Income Trust by 47.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 32,130 shares of the company’s stock worth $199,000 after purchasing an additional 10,400 shares during the period. Stifel Financial Corp increased its holdings in Eaton Vance Senior Income Trust by 66.2% during the 4th quarter. Stifel Financial Corp now owns 30,584 shares of the company’s stock worth $188,000 after purchasing an additional 12,184 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Eaton Vance Senior Income Trust by 11.2% during the 4th quarter. Ameriprise Financial Inc. now owns 140,642 shares of the company’s stock worth $864,000 after purchasing an additional 14,157 shares during the period.

Eaton Vance Senior Income Trust Stock Performance

EVF stock traded down $0.06 during midday trading on Tuesday, reaching $6.07. The company’s stock had a trading volume of 109,959 shares, compared to its average volume of 62,895. The stock has a fifty day simple moving average of $6.20 and a two-hundred day simple moving average of $6.22. Eaton Vance Senior Income Trust has a 1 year low of $5.97 and a 1 year high of $6.54.

Eaton Vance Senior Income Trust Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 24th. Shareholders of record on Thursday, February 13th were paid a $0.044 dividend. The ex-dividend date was Thursday, February 13th. This represents a $0.53 dividend on an annualized basis and a yield of 8.71%.

About Eaton Vance Senior Income Trust

Eaton Vance Senior Income 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 seeks to invest in the securities of companies operating across the diversified sectors. The fund primarily invests in senior secured floating rate loans.