Short Interest in Eaton Vance Senior Income Trust (NYSE:EVF) Expands By 174.7%

Eaton Vance Senior Income Trust (NYSE:EVF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 76,100 shares, an increase of 174.7% from the September 30th total of 27,700 shares. Based on an average daily trading volume, of 65,800 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Cetera Advisors LLC increased its stake in shares of Eaton Vance Senior Income Trust by 24.1% during the 1st quarter. Cetera Advisors LLC now owns 18,000 shares of the company’s stock worth $114,000 after purchasing an additional 3,500 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in Eaton Vance Senior Income Trust in the second quarter worth $67,000. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Eaton Vance Senior Income Trust by 6.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 295,146 shares of the company’s stock valued at $1,871,000 after buying an additional 17,776 shares during the period.

Eaton Vance Senior Income Trust Price Performance

Shares of Eaton Vance Senior Income Trust stock traded up $0.03 during mid-day trading on Friday, hitting $6.25. 27,272 shares of the stock were exchanged, compared to its average volume of 74,201. The company has a 50-day simple moving average of $6.22 and a 200 day simple moving average of $6.31. Eaton Vance Senior Income Trust has a 12 month low of $5.59 and a 12 month high of $6.84.

Eaton Vance Senior Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 11th were given a $0.052 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.62 annualized dividend and a yield of 9.98%.

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.