Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Short Interest Up 32.0% in February

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 272,800 shares, an increase of 32.0% from the January 31st total of 206,600 shares. Based on an average daily trading volume, of 72,700 shares, the short-interest ratio is currently 3.8 days.

Eaton Vance Senior Floating-Rate Trust Price Performance

EFR stock opened at $12.74 on Thursday. Eaton Vance Senior Floating-Rate Trust has a twelve month low of $12.32 and a twelve month high of $13.40. The business has a 50 day simple moving average of $13.00 and a 200-day simple moving average of $12.88.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.091 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Institutional investors have recently added to or reduced their stakes in the stock. Collar Capital Management LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust during the fourth quarter worth $1,679,000. Guggenheim Capital LLC raised its stake in shares of 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 valued at $8,587,000 after acquiring an additional 93,289 shares during the period. Advisors Asset Management Inc. boosted its position in shares of Eaton Vance Senior Floating-Rate Trust by 23.4% in the fourth quarter. Advisors Asset Management Inc. now owns 448,490 shares of the company’s stock worth $5,741,000 after buying an additional 84,911 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the 4th quarter valued at about $569,000. Finally, Wells Fargo & Company MN lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 49.4% during the fourth 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.