Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 14,741 shares, a growth of 98.1% from the December 31st total of 7,443 shares. Based on an average daily volume of 55,450 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 55,450 shares, the days-to-cover ratio is presently 0.3 days.

Insider Buying and Selling

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, Portfolio Manager Derek Digregorio sold 1,053 shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $28.98, for a total transaction of $30,515.94. Following the sale, the portfolio manager owned 1 shares of the company’s stock, valued at $28.98. The trade was a 99.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ETO. Founders Financial Alliance LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 25.7% during the 3rd quarter. Founders Financial Alliance LLC now owns 11,237 shares of the investment management company’s stock worth $310,000 after purchasing an additional 2,299 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 0.7% during the third quarter. Flagship Harbor Advisors LLC now owns 130,367 shares of the investment management company’s stock worth $3,593,000 after buying an additional 922 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 73,379 shares of the investment management company’s stock worth $2,049,000 after acquiring an additional 902 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2,027.8% during the third quarter. Wolverine Asset Management LLC now owns 8,511 shares of the investment management company’s stock worth $235,000 after purchasing an additional 8,111 shares during the period. Finally, Shaker Financial Services LLC increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 12.9% during the third quarter. Shaker Financial Services LLC now owns 97,146 shares of the investment management company’s stock worth $2,677,000 after purchasing an additional 11,098 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of ETO traded up $0.14 during mid-day trading on Friday, reaching $30.32. The company’s stock had a trading volume of 33,086 shares, compared to its average volume of 47,044. The business has a fifty day moving average of $29.55 and a 200 day moving average of $28.28. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $20.05 and a 1 year high of $31.11.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.1733 dividend. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Thursday, January 15th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

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.