Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Up 94.0% in April

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETVGet Free Report) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 89,321 shares, an increase of 94.0% from the April 15th total of 46,045 shares. Based on an average daily volume of 163,819 shares, the days-to-cover ratio is presently 0.5 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Down 2.0%

NYSE:ETV traded down $0.30 during trading hours on Friday, reaching $14.40. 191,242 shares of the stock were exchanged, compared to its average volume of 203,221. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a twelve month low of $13.10 and a twelve month high of $14.83. The business has a 50-day moving average of $14.21 and a two-hundred day moving average of $14.36.

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

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a dividend of $0.0993 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) annualized dividend and a yield of 8.3%.

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

Institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 181.9% during the first quarter. Cetera Investment Advisers now owns 340,066 shares of the financial services provider’s stock worth $4,649,000 after purchasing an additional 219,413 shares in the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 169.3% in the fourth quarter. Wolverine Asset Management LLC now owns 333,559 shares of the financial services provider’s stock valued at $4,790,000 after purchasing an additional 209,679 shares in the last quarter. Readystate Asset Management LP increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 386.4% during the 4th quarter. Readystate Asset Management LP now owns 229,639 shares of the financial services provider’s stock worth $3,298,000 after buying an additional 182,423 shares during the period. Emissary Wealth LLC acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 4th quarter worth approximately $2,418,000. Finally, Cornerstone Advisors LLC lifted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 91.7% during the 3rd quarter. Cornerstone Advisors LLC now owns 316,595 shares of the financial services provider’s stock worth $4,511,000 after buying an additional 151,443 shares in the last quarter.

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

(Get Free Report)

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.

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