Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Sees Significant Decline in Short Interest

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the recipient of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 94,700 shares, a decline of 29.0% from the March 15th total of 133,300 shares. Based on an average daily trading volume, of 102,100 shares, the days-to-cover ratio is currently 0.9 days.

Eaton Vance Senior Floating-Rate Trust Trading Up 0.1 %

Eaton Vance Senior Floating-Rate Trust stock opened at $11.51 on Friday. The stock has a 50-day moving average of $12.31 and a two-hundred day moving average of $12.70. Eaton Vance Senior Floating-Rate Trust has a one year low of $10.40 and a one year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a $0.091 dividend. This represents a $1.09 annualized dividend and a dividend yield of 9.49%. The ex-dividend date is Tuesday, April 15th.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 2.9% during the fourth quarter. Bank of America Corp DE now owns 842,939 shares of the company’s stock worth $10,790,000 after buying an additional 23,640 shares during the period. Guggenheim Capital LLC lifted its position in Eaton Vance Senior Floating-Rate Trust by 16.2% during the 4th quarter. Guggenheim Capital LLC now owns 670,887 shares of the company’s stock worth $8,587,000 after acquiring an additional 93,289 shares during the period. Advisors Asset Management Inc. grew its stake in Eaton Vance Senior Floating-Rate Trust by 23.4% during the 4th quarter. Advisors Asset Management Inc. now owns 448,490 shares of the company’s stock valued at $5,741,000 after purchasing an additional 84,911 shares during the last quarter. Cohen & Steers Inc. increased its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 4.9% in the fourth quarter. Cohen & Steers Inc. now owns 404,258 shares of the company’s stock valued at $5,175,000 after purchasing an additional 19,000 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of Eaton Vance Senior Floating-Rate Trust by 49.4% in the fourth quarter. Wells Fargo & Company MN now owns 134,391 shares of the company’s stock worth $1,720,000 after purchasing an additional 44,427 shares during the last quarter.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate 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 primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.