Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Short Interest Down 17.6% in August

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 58,700 shares, a decline of 17.6% from the August 15th total of 71,200 shares. Based on an average daily trading volume, of 67,600 shares, the short-interest ratio is currently 0.9 days.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of NYSE:EFR traded up $0.07 during trading on Tuesday, reaching $12.18. 30,126 shares of the company traded hands, compared to its average volume of 67,465. Eaton Vance Senior Floating-Rate Trust has a 52-week low of $10.76 and a 52-week high of $12.26. The business’s fifty day moving average is $12.04 and its 200-day moving average is $11.64.

Eaton Vance Senior Floating-Rate Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 22nd will be given a $0.109 dividend. This represents a $1.31 dividend on an annualized basis and a dividend yield of 10.74%. The ex-dividend date of this dividend is Thursday, September 21st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in Eaton Vance Senior Floating-Rate Trust by 14.3% during the 1st quarter. Bank of America Corp DE now owns 984,031 shares of the company’s stock valued at $11,149,000 after acquiring an additional 123,357 shares in the last quarter. Marble Harbor Investment Counsel LLC grew its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 1.6% in the fourth quarter. Marble Harbor Investment Counsel LLC now owns 618,885 shares of the company’s stock worth $6,771,000 after acquiring an additional 9,882 shares during the period. Guggenheim Capital LLC grew its stake in shares of Eaton Vance Senior Floating-Rate Trust by 2.7% during the 1st quarter. Guggenheim Capital LLC now owns 582,777 shares of the company’s stock valued at $6,603,000 after purchasing an additional 15,286 shares during the period. Oaktree Capital Management LP grew its position in Eaton Vance Senior Floating-Rate Trust by 22.1% during the fourth quarter. Oaktree Capital Management LP now owns 300,938 shares of the company’s stock valued at $3,292,000 after buying an additional 54,529 shares during the period. Finally, Ameriprise Financial Inc. grew its position in shares of Eaton Vance Senior Floating-Rate Trust by 15.6% during the 1st quarter. Ameriprise Financial Inc. now owns 286,907 shares of the company’s stock valued at $3,251,000 after acquiring an additional 38,751 shares during the period.

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.