Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Drops By 73.5%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETOGet Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 5,400 shares, a drop of 73.5% from the June 15th total of 20,344 shares. Based on an average trading volume of 42,829 shares, the days-to-cover ratio is currently 0.1 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of ETO. Bank of America Corp DE raised its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% during the first quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock worth $2,661,000 after acquiring an additional 18,220 shares in the last quarter. Readystate Asset Management LP acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 1st quarter valued at $496,000. First Trust Advisors LP boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 11.0% in the 1st quarter. First Trust Advisors LP now owns 130,347 shares of the investment management company’s stock valued at $3,474,000 after purchasing an additional 12,940 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 71.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 22,254 shares of the investment management company’s stock worth $593,000 after purchasing an additional 9,310 shares during the last quarter. Finally, Calamos Advisors LLC increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 10,993 shares of the investment management company’s stock worth $293,000 after purchasing an additional 1,310 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of NYSE:ETO traded down $0.09 during trading on Monday, hitting $30.67. 40,313 shares of the stock were exchanged, compared to its average volume of 39,336. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1-year low of $25.68 and a 1-year high of $31.26. The company’s fifty day simple moving average is $30.44 and its 200-day simple moving average is $29.63.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a $0.1733 dividend. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

(Get Free Report)

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.

Featured Stories

Receive News & Ratings for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.