Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Short Interest Down 15.2% in February

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 326,400 shares, a decrease of 15.2% from the January 31st total of 385,000 shares. Based on an average trading volume of 85,200 shares, the short-interest ratio is currently 3.8 days.

Eaton Vance Floating-Rate Income Trust Stock Down 0.6 %

EFT stock opened at $13.09 on Wednesday. The company has a 50 day moving average price of $13.24 and a two-hundred day moving average price of $13.18. Eaton Vance Floating-Rate Income Trust has a one year low of $12.62 and a one year high of $13.88.

Eaton Vance Floating-Rate Income 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 dividend of $0.094 per share. This represents a $1.13 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend is Friday, March 14th.

Institutional Trading of Eaton Vance Floating-Rate Income Trust

Several institutional investors have recently made changes to their positions in EFT. Elequin Capital LP acquired a new position in shares of Eaton Vance Floating-Rate Income Trust in the fourth quarter worth $42,000. MeadowBrook Investment Advisors LLC increased its stake in shares of Eaton Vance Floating-Rate Income Trust by 18.0% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 5,250 shares of the investment management company’s stock worth $68,000 after purchasing an additional 800 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Eaton Vance Floating-Rate Income Trust during the 4th quarter valued at $108,000. Horizon Kinetics Asset Management LLC acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 3rd quarter valued at $155,000. Finally, Focus Partners Wealth bought a new stake in Eaton Vance Floating-Rate Income Trust in the fourth quarter worth $163,000.

About Eaton Vance Floating-Rate Income Trust

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.