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

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 67,150 shares, an increase of 137.5% from the February 26th total of 28,278 shares. Based on an average daily trading volume, of 183,311 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ETV. PMG Family Office LLC bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 3rd quarter valued at about $1,494,000. Sharpepoint LLC grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 5.0% in the third quarter. Sharpepoint LLC now owns 166,314 shares of the financial services provider’s stock valued at $2,370,000 after purchasing an additional 7,984 shares in the last quarter. Cresset Asset Management LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.1% during the 3rd quarter. Cresset Asset Management LLC now owns 87,146 shares of the financial services provider’s stock worth $1,242,000 after purchasing an additional 1,832 shares during the last quarter. Paragon Financial Partners Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.4% during the 3rd quarter. Paragon Financial Partners Inc. now owns 936,606 shares of the financial services provider’s stock worth $13,347,000 after purchasing an additional 12,828 shares during the last quarter. Finally, Wesbanco Bank Inc. bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 3rd quarter worth approximately $208,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Down 2.1%

NYSE ETV traded down $0.29 during trading on Friday, hitting $13.27. The stock had a trading volume of 191,633 shares, compared to its average volume of 215,665. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 12 month low of $10.64 and a 12 month high of $14.83. The company’s 50-day moving average price is $14.40 and its two-hundred day moving average price is $14.33.

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

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a dividend of $0.0993 per share. The ex-dividend date is Monday, March 16th. This represents a c) annualized dividend and a yield of 9.0%.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.