Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Sees Large Increase in Short Interest

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 53,100 shares, an increase of 15.9% from the October 31st total of 45,800 shares. Based on an average daily volume of 167,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.4% during the 3rd quarter. Franklin Resources Inc. now owns 301,227 shares of the financial services provider’s stock worth $4,199,000 after buying an additional 4,232 shares during the last quarter. MML Investors Services LLC grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.1% during the third quarter. MML Investors Services LLC now owns 287,599 shares of the financial services provider’s stock valued at $3,969,000 after acquiring an additional 5,850 shares during the period. Stifel Financial Corp increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 18.7% during the third quarter. Stifel Financial Corp now owns 60,004 shares of the financial services provider’s stock worth $828,000 after acquiring an additional 9,474 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.6% in the 3rd quarter. HighTower Advisors LLC now owns 51,552 shares of the financial services provider’s stock worth $711,000 after purchasing an additional 1,805 shares during the period. Finally, B&L Asset Management LLC purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 3rd quarter worth about $383,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

Shares of ETV stock remained flat at $14.41 during mid-day trading on Tuesday. The stock had a trading volume of 184,497 shares, compared to its average volume of 203,650. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1-year low of $11.82 and a 1-year high of $14.49. The company has a fifty day simple moving average of $13.95 and a 200-day simple moving average of $13.56.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.0993 dividend. This represents a $1.19 annualized dividend and a yield of 8.27%. The ex-dividend date is Monday, December 23rd.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.