Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Short Interest Update

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 133,300 shares, a drop of 58.2% from the February 28th total of 318,700 shares. Based on an average daily volume of 80,400 shares, the short-interest ratio is currently 1.7 days.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of Eaton Vance Senior Floating-Rate Trust stock traded down $0.03 during midday trading on Friday, hitting $12.22. The company had a trading volume of 90,304 shares, compared to its average volume of 84,366. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $12.15 and a 52-week high of $13.40. The company has a 50 day moving average of $12.84 and a 200 day moving average of $12.84.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.091 dividend. This represents a $1.09 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several institutional investors have recently bought and sold shares of EFR. Collar Capital Management LLC bought a new position in shares of Eaton Vance Senior Floating-Rate Trust in the fourth quarter worth approximately $1,679,000. Guggenheim Capital LLC raised its holdings in Eaton Vance Senior Floating-Rate Trust by 16.2% in 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 last quarter. Advisors Asset Management Inc. lifted its position in Eaton Vance Senior Floating-Rate Trust by 23.4% in the 4th quarter. Advisors Asset Management Inc. now owns 448,490 shares of the company’s stock valued at $5,741,000 after acquiring an additional 84,911 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Eaton Vance Senior Floating-Rate Trust during the 4th quarter valued at $569,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 49.4% in the 4th 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 in the last quarter.

About Eaton Vance Senior Floating-Rate Trust

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.