Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Sees Large Growth in Short Interest

Posted by George Bondi on Jul 16th, 2026

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 20,281 shares, a growth of 94.1% from the June 15th total of 10,447 shares. Based on an average daily volume of 78,790 shares, the days-to-cover ratio is currently 0.3 days.

Insiders Place Their Bets

In related news, Portfolio Manager Charles Gaffney bought 25,000 shares of Eaton Vance Enhanced Equity Income Fund stock in a transaction on Monday, July 13th. The shares were purchased at an average price of $20.11 per share, for a total transaction of $502,750.00. Following the completion of the acquisition, the portfolio manager owned 25,000 shares in the company, valued at approximately $502,750. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hedge Funds Weigh In On Eaton Vance Enhanced Equity Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Focus Partners Wealth acquired a new stake in Eaton Vance Enhanced Equity Income Fund during the 4th quarter worth $16,037,000. Bank of America Corp DE boosted its holdings in Eaton Vance Enhanced Equity Income Fund by 2.6% during the third quarter. Bank of America Corp DE now owns 590,245 shares of the company’s stock worth $12,395,000 after purchasing an additional 15,180 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 513,967 shares of the company’s stock valued at $10,567,000 after acquiring an additional 18,910 shares in the last quarter. Invesco Ltd. grew its stake in Eaton Vance Enhanced Equity Income Fund by 6.4% in the fourth quarter. Invesco Ltd. now owns 459,475 shares of the company’s stock valued at $9,447,000 after purchasing an additional 27,719 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Eaton Vance Enhanced Equity Income Fund by 2.3% during the first quarter. Royal Bank of Canada now owns 336,433 shares of the company’s stock worth $6,318,000 after buying an additional 7,608 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund Stock Down 0.5%

Eaton Vance Enhanced Equity Income Fund stock traded down $0.09 during midday trading on Thursday, hitting $20.03. 66,292 shares of the stock were exchanged, compared to its average volume of 81,371. The company has a fifty day simple moving average of $19.67 and a two-hundred day simple moving average of $19.94. 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 company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.1338 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 8.0%.

About Eaton Vance Enhanced Equity Income Fund

(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.