Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totalling 298,900 shares, a decline of 8.4% from the August 15th total of 326,400 shares. Based on an average daily trading volume, of 76,100 shares, the short-interest ratio is presently 3.9 days.
Eaton Vance Floating-Rate Income Trust Stock Down 0.5 %
Shares of NYSE EFT traded down $0.07 during midday trading on Wednesday, reaching $12.86. 91,824 shares of the company traded hands, compared to its average volume of 89,840. The stock’s 50-day simple moving average is $13.20 and its 200-day simple moving average is $13.31. Eaton Vance Floating-Rate Income Trust has a 12 month low of $11.46 and a 12 month high of $13.88.
Eaton Vance Floating-Rate Income Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be issued a dividend of $0.11 per share. The ex-dividend date is Friday, September 20th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.26%.
Institutional Inflows and Outflows
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.
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