Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Short Interest Update

Eaton Vance Enhanced Equity Income Fund (NYSE:EOIGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,958 shares, a drop of 45.8% from the April 30th total of 7,302 shares. Based on an average trading volume of 76,582 shares, the days-to-cover ratio is presently 0.1 days.

Eaton Vance Enhanced Equity Income Fund Stock Performance

Shares of NYSE EOI traded up $0.01 during trading on Tuesday, reaching $19.96. 93,510 shares of the company traded hands, compared to its average volume of 85,360. The firm has a 50 day simple moving average of $19.58 and a 200-day simple moving average of $20.00. Eaton Vance Enhanced Equity Income Fund has a 52-week low of $18.03 and a 52-week high of $21.58.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.1338 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund

A number of institutional investors have recently made changes to their positions in EOI. Roman Butler Fullerton & Co. boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 0.5% in the first quarter. Roman Butler Fullerton & Co. now owns 220,865 shares of the company’s stock worth $4,344,000 after buying an additional 1,171 shares during the last quarter. OxenFree Capital LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 18.5% in the first quarter. OxenFree Capital LLC now owns 80,711 shares of the company’s stock worth $1,608,000 after buying an additional 12,612 shares during the last quarter. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 6.9% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 15,019 shares of the company’s stock worth $309,000 after buying an additional 966 shares during the last quarter. Indivisible Partners purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund in the fourth quarter worth approximately $333,000. Finally, TPG Advisors LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 3.1% in the fourth quarter. TPG Advisors LLC now owns 106,522 shares of the company’s stock worth $2,190,000 after buying an additional 3,230 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund Company Profile

(Get Free Report)

The Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in dividend-paying common stocks of U.S. companies and may also hold preferred stocks and other equity securities. To enhance income potential, the fund employs a covered-call strategy by selling call options on a portion of its equity portfolio.

Under normal market conditions, the fund’s portfolio managers select large- and mid-capitalization equities with the potential for dividend growth and price appreciation.

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