Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Short Interest Update

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 133,100 shares, an increase of 107.0% from the January 31st total of 64,300 shares. Based on an average daily volume of 308,800 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock traded up $0.06 during trading hours on Friday, reaching $8.49. 406,490 shares of the company’s stock were exchanged, compared to its average volume of 309,807. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 1 year low of $7.63 and a 1 year high of $8.74. The business has a fifty day moving average of $8.53 and a two-hundred day moving average of $8.50.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a $0.0664 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.80 annualized dividend and a yield of 9.39%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ETW. Guggenheim Capital LLC boosted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.8% in the 4th quarter. Guggenheim Capital LLC now owns 1,917,991 shares of the company’s stock valued at $16,149,000 after buying an additional 138,560 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the fourth quarter worth about $12,205,000. Pathstone Holdings LLC increased its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 52.1% in the third quarter. Pathstone Holdings LLC now owns 998,581 shares of the company’s stock valued at $8,669,000 after purchasing an additional 342,202 shares during the period. Wells Fargo & Company MN raised its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 119.9% during the 4th quarter. Wells Fargo & Company MN now owns 670,907 shares of the company’s stock worth $5,649,000 after buying an additional 365,753 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.9% during the fourth quarter. Advisors Asset Management Inc. now owns 603,587 shares of the company’s stock worth $5,082,000 after purchasing an additional 44,407 shares in the last quarter.

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

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.