Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 17,900 shares, a growth of 31.6% from the February 28th total of 13,600 shares. Based on an average daily volume of 76,800 shares, the days-to-cover ratio is currently 0.2 days.

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

NYSE:ETB traded up $0.07 on Wednesday, hitting $13.78. The company had a trading volume of 99,248 shares, compared to its average volume of 81,147. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52 week low of $12.99 and a 52 week high of $15.35. The firm has a 50 day moving average of $14.48 and a two-hundred day moving average of $14.64.

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

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a dividend of $0.1058 per share. This represents a $1.27 annualized dividend and a dividend yield of 9.21%. The ex-dividend date is Tuesday, April 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the fourth quarter valued at about $38,000. Compass Planning Associates Inc acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 4th quarter valued at about $46,000. Allworth Financial LP increased its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 24.3% in the 4th quarter. Allworth Financial LP now owns 3,757 shares of the financial services provider’s stock valued at $57,000 after buying an additional 735 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 491.7% in the third quarter. JPMorgan Chase & Co. now owns 5,420 shares of the financial services provider’s stock valued at $78,000 after acquiring an additional 4,504 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the fourth quarter valued at approximately $173,000.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income 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.