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

Eaton Vance Senior Income Trust (NYSE:EVF) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 91,000 shares, a growth of 151.4% from the January 15th total of 36,200 shares. Based on an average trading volume of 52,300 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Eaton Vance Senior Income Trust

Several institutional investors and hedge funds have recently modified their holdings of EVF. Wolverine Asset Management LLC bought a new position in Eaton Vance Senior Income Trust during the third quarter valued at $284,000. Raymond James Financial Inc. purchased a new position in Eaton Vance Senior Income Trust during the 4th quarter valued at $209,000. Horizon Kinetics Asset Management LLC grew its stake in Eaton Vance Senior Income Trust by 47.9% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 32,130 shares of the company’s stock worth $199,000 after acquiring an additional 10,400 shares in the last quarter. Concorde Asset Management LLC bought a new stake in shares of Eaton Vance Senior Income Trust during the third quarter valued at approximately $106,000. Finally, IFP Advisors Inc purchased a new stake in shares of Eaton Vance Senior Income Trust in the 4th quarter worth $25,000.

Eaton Vance Senior Income Trust Stock Performance

Eaton Vance Senior Income Trust stock opened at $6.28 on Thursday. The business has a 50-day simple moving average of $6.21 and a two-hundred day simple moving average of $6.22. Eaton Vance Senior Income Trust has a 52-week low of $5.97 and a 52-week high of $6.57.

Eaton Vance Senior Income Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 24th. Investors of record on Thursday, February 13th will be paid a dividend of $0.044 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 8.41%.

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.