Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Sees Large Growth in Short Interest

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 318,700 shares, an increase of 16.8% from the February 13th total of 272,800 shares. Based on an average trading volume of 78,700 shares, the short-interest ratio is presently 4.0 days.

Eaton Vance Senior Floating-Rate Trust Stock Up 0.2 %

Eaton Vance Senior Floating-Rate Trust stock traded up $0.03 during midday trading on Thursday, hitting $12.35. 56,789 shares of the company were exchanged, compared to its average volume of 84,982. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $12.27 and a fifty-two week high of $13.40. The business has a fifty day simple moving average of $12.92 and a two-hundred day simple moving average of $12.86.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.091 per share. This represents a $1.09 annualized dividend and a yield of 8.84%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several hedge funds and other institutional investors have recently bought and sold shares of EFR. Union Bancaire Privee UBP SA acquired a new stake in Eaton Vance Senior Floating-Rate Trust during the fourth quarter worth about $43,000. National Bank of Canada FI grew its holdings in Eaton Vance Senior Floating-Rate Trust by 29.4% in the third quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock valued at $45,000 after purchasing an additional 800 shares during the period. Dunhill Financial LLC acquired a new stake in Eaton Vance Senior Floating-Rate Trust in the fourth quarter valued at approximately $93,000. Orion Portfolio Solutions LLC acquired a new stake in Eaton Vance Senior Floating-Rate Trust in the third quarter valued at approximately $154,000. Finally, Focus Partners Wealth acquired a new stake in Eaton Vance Senior Floating-Rate Trust in the fourth quarter valued at approximately $179,000.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.