Eaton Vance Senior Income Trust (NYSE:EVF) Short Interest Down 36.9% in March

Eaton Vance Senior Income Trust (NYSE:EVF) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 32,253 shares, a decrease of 36.9% from the March 15th total of 51,112 shares. Based on an average daily volume of 81,559 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Eaton Vance Senior Income Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in EVF. 1607 Capital Partners LLC lifted its stake in Eaton Vance Senior Income Trust by 258.3% in the 4th quarter. 1607 Capital Partners LLC now owns 896,307 shares of the company’s stock valued at $4,724,000 after purchasing an additional 646,167 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of 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 valued at $2,184,000 after acquiring an additional 141,579 shares during the last quarter. Rivernorth Capital Management LLC bought a new position in shares of Eaton Vance Senior Income Trust during the fourth quarter valued at $369,000. Sit Investment Associates Inc. raised its stake in shares of Eaton Vance Senior Income Trust by 9.4% during the fourth quarter. Sit Investment Associates Inc. now owns 714,807 shares of the company’s stock valued at $3,767,000 after acquiring an additional 61,128 shares during the last quarter. Finally, Calamos Advisors LLC raised its stake in shares of Eaton Vance Senior Income Trust by 89.7% during the third quarter. Calamos Advisors LLC now owns 107,882 shares of the company’s stock valued at $591,000 after acquiring an additional 51,018 shares during the last quarter.

Eaton Vance Senior Income Trust Price Performance

NYSE:EVF traded up $0.02 on Tuesday, hitting $5.02. The company had a trading volume of 31,016 shares, compared to its average volume of 97,530. The firm has a 50 day moving average of $5.07 and a two-hundred day moving average of $5.26. Eaton Vance Senior Income Trust has a 52 week low of $4.84 and a 52 week high of $5.75.

Eaton Vance Senior Income Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 24th. Investors of record on Tuesday, April 14th will be paid a $0.033 dividend. The ex-dividend date of this dividend is Tuesday, April 14th. This represents a c) annualized dividend and a yield of 7.9%.

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.