Short Interest in Eaton Vance Senior Income Trust (NYSE:EVF) Grows By 187.3%

Eaton Vance Senior Income Trust (NYSE:EVF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 51,112 shares, an increase of 187.3% from the February 26th total of 17,788 shares. Based on an average daily trading volume, of 98,866 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 98,866 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Hedge funds have recently bought and sold shares of the company. 1607 Capital Partners LLC boosted its holdings in Eaton Vance Senior Income Trust by 258.3% during the 4th quarter. 1607 Capital Partners LLC now owns 896,307 shares of the company’s stock valued at $4,724,000 after acquiring an additional 646,167 shares during the period. Wolverine Asset Management LLC increased its stake in Eaton Vance Senior Income Trust by 51.9% during the fourth quarter. Wolverine Asset Management LLC now owns 414,358 shares of the company’s stock worth $2,184,000 after purchasing an additional 141,579 shares during the period. Rivernorth Capital Management LLC acquired a new stake in shares of Eaton Vance Senior Income Trust during the fourth quarter worth about $369,000. Sit Investment Associates Inc. boosted its stake in shares of Eaton Vance Senior Income Trust by 9.4% in the fourth quarter. Sit Investment Associates Inc. now owns 714,807 shares of the company’s stock valued at $3,767,000 after purchasing an additional 61,128 shares during the period. Finally, Calamos Advisors LLC grew its holdings in shares of Eaton Vance Senior Income Trust by 89.7% in the third quarter. Calamos Advisors LLC now owns 107,882 shares of the company’s stock valued at $591,000 after purchasing an additional 51,018 shares in the last quarter.

Eaton Vance Senior Income Trust Stock Performance

Shares of EVF stock remained flat at $4.98 during trading hours on Wednesday. 43,787 shares of the stock traded hands, compared to its average volume of 103,003. Eaton Vance Senior Income Trust has a 52-week low of $4.77 and a 52-week high of $5.91. The business’s fifty day moving average is $5.18 and its two-hundred day moving average is $5.32.

Eaton Vance Senior Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Friday, March 13th will be given a dividend of $0.039 per share. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date is Friday, March 13th.

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.