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 large increase in short interest in the month of January. As of January 15th, there was short interest totalling 49,500 shares, an increase of 179.7% from the December 31st total of 17,700 shares. Based on an average daily volume of 53,900 shares, the short-interest ratio is presently 0.9 days.

Eaton Vance Senior Income Trust Stock Performance

NYSE:EVF traded down $0.01 during mid-day trading on Thursday, hitting $6.26. 26,865 shares of the stock traded hands, compared to its average volume of 50,730. Eaton Vance Senior Income Trust has a 52 week low of $5.97 and a 52 week high of $6.84. The firm’s 50 day moving average is $6.21 and its two-hundred day moving average is $6.22.

Eaton Vance Senior Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, January 22nd. Shareholders of record on Monday, January 13th were paid a $0.047 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a $0.56 dividend on an annualized basis and a yield of 9.02%.

Institutional Trading of Eaton Vance Senior Income Trust

Several institutional investors and hedge funds have recently made changes to their positions in the business. Concorde Asset Management LLC bought a new position in Eaton Vance Senior Income Trust in the third quarter worth approximately $106,000. Horizon Kinetics Asset Management LLC grew its position in shares of 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 buying an additional 10,400 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new position in shares of Eaton Vance Senior Income Trust during the third quarter valued at $284,000.

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.