Eaton Vance Senior Income Trust (NYSE:EVF) Sees Significant Growth in Short Interest

Eaton Vance Senior Income Trust (NYSE:EVF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 49,500 shares, a growth of 179.7% from the December 15th total of 17,700 shares. Based on an average daily volume of 53,900 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EVF. Concorde Asset Management LLC bought a new position in Eaton Vance Senior Income Trust during the third quarter worth about $106,000. Horizon Kinetics Asset Management LLC boosted its stake in shares of Eaton Vance Senior Income Trust by 47.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 32,130 shares of the company’s stock worth $199,000 after acquiring an additional 10,400 shares during the period. Finally, Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Senior Income Trust during the 3rd quarter worth approximately $284,000.

Eaton Vance Senior Income Trust Stock Down 0.2 %

Shares of NYSE:EVF traded down $0.01 during trading on Wednesday, hitting $6.15. 43,941 shares of the company were exchanged, compared to its average volume of 49,305. Eaton Vance Senior Income Trust has a fifty-two week low of $5.97 and a fifty-two week high of $6.84. The firm has a fifty day moving average price of $6.21 and a two-hundred day moving average price of $6.24.

Eaton Vance Senior Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Monday, January 13th will be paid a $0.047 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 9.17%. The ex-dividend date of this dividend is Monday, January 13th.

About Eaton Vance Senior Income Trust

Eaton Vance Senior Income 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 seeks to invest in the securities of companies operating across the diversified sectors. The fund primarily invests in senior secured floating rate loans.