Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Update

Eaton Vance Senior Income Trust (NYSE:EVF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 30,953 shares, a decrease of 35.6% from the August 15th total of 48,056 shares. Based on an average daily volume of 51,286 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance Senior Income Trust Stock Performance

Shares of NYSE EVF traded down $0.01 during midday trading on Friday, reaching $4.86. 33,864 shares of the company were exchanged, compared to its average volume of 76,983. The stock’s 50-day moving average price is $4.96 and its 200-day moving average price is $4.97. Eaton Vance Senior Income Trust has a one year low of $4.84 and a one year high of $5.58.

Eaton Vance Senior Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.033 per share. The ex-dividend date of this dividend is Monday, September 14th. This is a positive change from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Several large investors have recently modified their holdings of the business. Bank of America Corp DE raised 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 purchasing an additional 2,854 shares during the last quarter. Icon Advisers Inc. Co. bought a new position in shares of Eaton Vance Senior Income Trust during the first quarter worth about $1,534,000. Quadrant Private Wealth Management LLC acquired a new position in shares of Eaton Vance Senior Income Trust in the first quarter worth approximately $93,000. Simon Quick Advisors LLC bought a new stake in Eaton Vance Senior Income Trust in the first quarter valued at approximately $171,000. Finally, Kestra Advisory Services LLC boosted its holdings in Eaton Vance Senior Income Trust by 209.3% in the first quarter. Kestra Advisory Services LLC now owns 15,731 shares of the company’s stock valued at $78,000 after acquiring an additional 10,645 shares during the last quarter.

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.