Short Interest in Eaton Vance Senior Income Trust (NYSE:EVF) Grows By 178.6%

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 42,520 shares, a growth of 178.6% from the January 29th total of 15,262 shares. Based on an average trading volume of 91,206 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 91,206 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. 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 worth $3,767,000 after purchasing an additional 61,128 shares in the last quarter. Rivernorth Capital Management LLC acquired a new position in Eaton Vance Senior Income Trust during the 4th quarter worth $369,000. 1607 Capital Partners LLC lifted its holdings 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 worth $4,724,000 after buying an additional 646,167 shares in the last quarter. Guggenheim Capital LLC boosted its position in Eaton Vance Senior Income Trust by 15.3% in the 4th quarter. Guggenheim Capital LLC now owns 318,063 shares of the company’s stock valued at $1,676,000 after buying an additional 42,198 shares during the last quarter. Finally, Almitas Capital LLC acquired a new stake in shares of Eaton Vance Senior Income Trust in the 4th quarter valued at $77,000.

Eaton Vance Senior Income Trust Stock Performance

Shares of NYSE EVF traded down $0.03 during trading hours on Thursday, reaching $5.15. The stock had a trading volume of 42,370 shares, compared to its average volume of 111,429. Eaton Vance Senior Income Trust has a twelve month low of $4.77 and a twelve month high of $6.17. The business’s fifty day moving average is $5.29 and its two-hundred day moving average is $5.39.

Eaton Vance Senior Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Friday, February 13th were issued a dividend of $0.039 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend was Friday, February 13th.

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.