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

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 15,262 shares, an increase of 213.3% from the January 15th total of 4,872 shares. Based on an average daily volume of 103,432 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 103,432 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Eaton Vance Senior Income Trust

Several large investors have recently made changes to their positions in EVF. Wolverine Asset Management LLC increased its position in Eaton Vance Senior Income Trust by 163.8% during the 2nd quarter. Wolverine Asset Management LLC now owns 170,149 shares of the company’s stock worth $968,000 after purchasing an additional 105,660 shares in the last quarter. Shaker Financial Services LLC acquired a new stake in Eaton Vance Senior Income Trust in the second quarter valued at approximately $360,000. Ethos Financial Group LLC grew its stake in shares of Eaton Vance Senior Income Trust by 19.6% during the second quarter. Ethos Financial Group LLC now owns 116,597 shares of the company’s stock worth $663,000 after buying an additional 19,096 shares during the last quarter. Calamos Advisors LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the second quarter worth $324,000. Finally, Cetera Investment Advisers increased its holdings in shares of Eaton Vance Senior Income Trust by 12.0% during the second quarter. Cetera Investment Advisers now owns 28,031 shares of the company’s stock worth $159,000 after buying an additional 3,000 shares in the last quarter.

Eaton Vance Senior Income Trust Stock Down 0.4%

EVF stock traded down $0.02 during midday trading on Friday, reaching $5.25. The company had a trading volume of 108,519 shares, compared to its average volume of 120,521. Eaton Vance Senior Income Trust has a 1-year low of $4.77 and a 1-year high of $6.26. The stock has a 50 day moving average price of $5.30 and a 200-day moving average price of $5.42.

Eaton Vance Senior Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 24th. Stockholders of record on Friday, February 13th will be given a $0.039 dividend. The ex-dividend date is Friday, February 13th. This represents a c) annualized dividend and a dividend yield of 8.9%.

About Eaton Vance Senior Income Trust

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.