Short Interest in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Expands By 16.8%

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) saw 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 daily volume of 78,700 shares, the short-interest ratio is currently 4.0 days.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

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

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of Eaton Vance Senior Floating-Rate Trust stock traded down $0.01 during trading on Wednesday, reaching $12.33. 56,197 shares of the stock were exchanged, compared to its average volume of 84,914. The stock’s fifty day moving average is $12.93 and its 200 day moving average is $12.86. Eaton Vance Senior Floating-Rate Trust has a 1 year low of $12.32 and a 1 year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.091 per share. The ex-dividend date is Friday, March 14th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 8.86%.

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.