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

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 39,725 shares, a growth of 105.7% from the December 31st total of 19,309 shares. Based on an average trading volume of 114,276 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 114,276 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Senior Floating-Rate Trust

Hedge funds have recently made changes to their positions in the business. Calamos Advisors LLC increased its stake in Eaton Vance Senior Floating-Rate Trust by 32.1% during the fourth quarter. Calamos Advisors LLC now owns 67,857 shares of the company’s stock worth $756,000 after acquiring an additional 16,506 shares during the last quarter. Shaker Financial Services LLC boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 24.1% during the 4th quarter. Shaker Financial Services LLC now owns 80,004 shares of the company’s stock valued at $891,000 after acquiring an additional 15,541 shares during the period. CWM LLC grew its position in Eaton Vance Senior Floating-Rate Trust by 14.3% in the 4th quarter. CWM LLC now owns 144,025 shares of the company’s stock valued at $1,604,000 after acquiring an additional 18,034 shares during the last quarter. Polar Asset Management Partners Inc. lifted its position in shares of Eaton Vance Senior Floating-Rate Trust by 2.2% during the third quarter. Polar Asset Management Partners Inc. now owns 433,075 shares of the company’s stock worth $4,954,000 after purchasing an additional 9,421 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new stake in shares of Eaton Vance Senior Floating-Rate Trust during the third quarter valued at $150,000.

Eaton Vance Senior Floating-Rate Trust Trading Down 0.3%

Eaton Vance Senior Floating-Rate Trust stock traded down $0.03 during mid-day trading on Friday, hitting $11.21. The company had a trading volume of 76,908 shares, compared to its average volume of 102,733. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $10.40 and a 12 month high of $13.38. The stock’s 50 day moving average price is $11.16 and its two-hundred day moving average price is $11.42.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a $0.077 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) is a closed-end management investment company that seeks to provide a high level of current income, with capital appreciation as a secondary objective. The trust achieves its objectives by investing predominately in senior floating-rate loans—also known as bank loans—issued by corporate borrowers. These floating-rate instruments typically carry interest rates that reset periodically, offering investors a degree of protection against rising rate environments.

The portfolio is managed by the fixed-income team at Eaton Vance Management, a subsidiary of Morgan Stanley, which employs fundamental credit research and active trading strategies to identify and manage risk.