Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Down 39.1% in July

Eaton Vance Senior Income Trust (NYSE:EVF) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 54,528 shares, a decline of 39.1% from the July 15th total of 89,563 shares. Based on an average daily trading volume, of 56,166 shares, the short-interest ratio is presently 1.0 days.

Eaton Vance Senior Income Trust Stock Performance

EVF stock opened at $4.99 on Wednesday. The business has a fifty day simple moving average of $4.98 and a 200-day simple moving average of $5.02. Eaton Vance Senior Income Trust has a 52 week low of $4.84 and a 52 week high of $5.60.

Eaton Vance Senior Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, August 25th. Investors of record on Thursday, August 13th will be issued a $0.032 dividend. The ex-dividend date is Thursday, August 13th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Institutional Investors Weigh In On Eaton Vance Senior Income Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wolverine Asset Management LLC grew its holdings in shares of Eaton Vance Senior Income Trust by 51.9% during the 4th 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. Icon Advisers Inc. Co. purchased a new position in Eaton Vance Senior Income Trust in the first quarter valued at approximately $1,534,000. Kestra Advisory Services LLC raised 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 buying an additional 10,645 shares during the period. Almitas Capital LLC acquired a new position in Eaton Vance Senior Income Trust during the fourth quarter valued at approximately $77,000. Finally, HRT Financial LP acquired a new position in Eaton Vance Senior Income Trust during the fourth quarter valued at approximately $57,000.

Eaton Vance Senior Income Trust Company Profile

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.