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

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

Institutional Investors Weigh In On Eaton Vance Senior Floating-Rate Trust

Several institutional investors have recently added to or reduced their stakes in EFR. National Bank of Canada FI lifted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 29.4% during the 3rd quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock valued at $45,000 after buying an additional 800 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in Eaton Vance Senior Floating-Rate Trust by 4.2% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 26,795 shares of the company’s stock valued at $342,000 after acquiring an additional 1,072 shares during the period. Prospera Financial Services Inc raised its holdings in Eaton Vance Senior Floating-Rate Trust by 8.0% during the 3rd quarter. Prospera Financial Services Inc now owns 14,851 shares of the company’s stock valued at $189,000 after acquiring an additional 1,095 shares during the period. Fortitude Advisory Group L.L.C. boosted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 13.5% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 18,498 shares of the company’s stock worth $237,000 after acquiring an additional 2,199 shares during the period. Finally, Stifel Financial Corp grew its position in shares of Eaton Vance Senior Floating-Rate Trust by 25.3% in the third quarter. Stifel Financial Corp now owns 14,721 shares of the company’s stock valued at $188,000 after purchasing an additional 2,968 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of EFR opened at $12.32 on Friday. Eaton Vance Senior Floating-Rate Trust has a 1 year low of $12.24 and a 1 year high of $13.40. The stock’s fifty day moving average price is $12.91 and its two-hundred day moving average price is $12.85.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

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

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.