Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Short Interest Update

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 133,300 shares, a drop of 58.2% from the February 28th total of 318,700 shares. Based on an average daily volume of 80,400 shares, the short-interest ratio is currently 1.7 days.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of EFR stock opened at $12.33 on Thursday. The firm has a fifty day simple moving average of $12.85 and a 200-day simple moving average of $12.84. Eaton Vance Senior Floating-Rate Trust has a twelve month low of $12.22 and a twelve month high of $13.40.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

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

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Several large investors have recently modified their holdings of the business. Collar Capital Management LLC purchased a new position in Eaton Vance Senior Floating-Rate Trust in the fourth quarter valued at about $1,679,000. Guggenheim Capital LLC raised its position 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 purchasing an additional 93,289 shares in the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 23.4% during the 4th quarter. Advisors Asset Management Inc. now owns 448,490 shares of the company’s stock valued at $5,741,000 after buying an additional 84,911 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the fourth quarter worth approximately $569,000. Finally, Wells Fargo & Company MN raised its holdings in Eaton Vance Senior Floating-Rate Trust by 49.4% in the fourth quarter. Wells Fargo & Company MN now owns 134,391 shares of the company’s stock valued at $1,720,000 after acquiring an additional 44,427 shares in the last quarter.

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.