Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Down 39.1% in July

Eaton Vance Senior Income Trust (NYSE:EVF) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 54,528 shares, a drop of 39.1% from the July 15th total of 89,563 shares. Based on an average daily volume of 56,166 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bank of America Corp DE lifted its position in Eaton Vance Senior Income Trust by 9.4% during the 1st quarter. Bank of America Corp DE now owns 33,187 shares of the company’s stock worth $166,000 after buying an additional 2,854 shares in the last quarter. Icon Advisers Inc. Co. acquired a new stake in Eaton Vance Senior Income Trust in the 1st quarter valued at about $1,534,000. Quadrant Private Wealth Management LLC bought a new position in shares of Eaton Vance Senior Income Trust in the first quarter worth about $93,000. Simon Quick Advisors LLC bought a new position in shares of Eaton Vance Senior Income Trust in the first quarter worth about $171,000. Finally, Kestra Advisory Services LLC lifted its position in shares of Eaton Vance Senior Income Trust by 209.3% during the first quarter. Kestra Advisory Services LLC now owns 15,731 shares of the company’s stock worth $78,000 after purchasing an additional 10,645 shares in the last quarter.

Eaton Vance Senior Income Trust Trading Down 0.2%

Shares of EVF opened at $4.98 on Thursday. The stock has a fifty day moving average price of $4.98 and a two-hundred day moving average price of $5.02. Eaton Vance Senior Income Trust has a 52-week low of $4.84 and a 52-week high of $5.60.

Eaton Vance Senior Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Thursday, August 13th will be paid a $0.032 dividend. The ex-dividend date is Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

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.