Short Interest in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Increases By 40.1%

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 151,400 shares, a growth of 40.1% from the November 30th total of 108,100 shares. Based on an average daily trading volume, of 72,500 shares, the short-interest ratio is presently 2.1 days.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. raised its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 19.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 363,579 shares of the company’s stock worth $4,636,000 after acquiring an additional 60,003 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Eaton Vance Senior Floating-Rate Trust by 13.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 120,652 shares of the company’s stock worth $1,578,000 after purchasing an additional 14,363 shares during the period. Verity Asset Management Inc. boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 2.7% in the 3rd quarter. Verity Asset Management Inc. now owns 112,926 shares of the company’s stock valued at $1,440,000 after purchasing an additional 2,965 shares during the last quarter. Garner Asset Management Corp grew its stake in shares of Eaton Vance Senior Floating-Rate Trust by 1.6% in the 2nd quarter. Garner Asset Management Corp now owns 69,398 shares of the company’s stock valued at $908,000 after buying an additional 1,096 shares during the period. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of Eaton Vance Senior Floating-Rate Trust by 120.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 52,771 shares of the company’s stock valued at $673,000 after buying an additional 28,832 shares during the period.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.1 %

EFR traded down $0.01 during trading on Monday, reaching $12.94. The company’s stock had a trading volume of 63,229 shares, compared to its average volume of 86,225. The firm has a fifty day simple moving average of $12.90 and a two-hundred day simple moving average of $12.89. 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 Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.102 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.22 dividend on an annualized basis and a yield of 9.46%.

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.