Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Growth in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 22,300 shares, an increase of 106.5% from the February 28th total of 10,800 shares. Based on an average daily volume of 27,000 shares, the days-to-cover ratio is presently 0.8 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 1.5 %

ETO traded down $0.37 during midday trading on Friday, reaching $24.73. 22,101 shares of the company’s stock were exchanged, compared to its average volume of 25,988. The business has a 50-day simple moving average of $25.59 and a two-hundred day simple moving average of $25.78. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $23.50 and a one year high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.1733 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date of this dividend is Friday, March 14th.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, insider Keith Quinton acquired 5,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of $26.10 per share, for a total transaction of $130,500.00. Following the purchase, the insider now owns 6,000 shares in the company, valued at $156,600. This represents a 500.00 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Portfolio Manager Derek Digregorio bought 980 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were acquired at an average price of $25.98 per share, for a total transaction of $25,460.40. Following the completion of the transaction, the portfolio manager now owns 980 shares in the company, valued at $25,460.40. This represents a ∞ increase in their position. The disclosure for this purchase can be found here.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ETO. 1607 Capital Partners LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.2% in the 4th quarter. 1607 Capital Partners LLC now owns 248,949 shares of the investment management company’s stock worth $6,288,000 after purchasing an additional 2,959 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.7% during the fourth quarter. Advisors Asset Management Inc. now owns 197,945 shares of the investment management company’s stock valued at $5,000,000 after acquiring an additional 5,115 shares during the period. Flagship Harbor Advisors LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 0.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 124,004 shares of the investment management company’s stock valued at $3,132,000 after acquiring an additional 744 shares during the period. LPL Financial LLC boosted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.5% in the fourth quarter. LPL Financial LLC now owns 109,387 shares of the investment management company’s stock valued at $2,763,000 after acquiring an additional 3,703 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.2% in the fourth quarter. First Trust Advisors LP now owns 101,865 shares of the investment management company’s stock worth $2,573,000 after purchasing an additional 3,142 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.