Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Decrease in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 9,927 shares, a drop of 36.9% from the March 31st total of 15,722 shares. Based on an average daily volume of 37,978 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Up 1.2%

NYSE:ETO traded up $0.34 during mid-day trading on Thursday, hitting $29.60. The stock had a trading volume of 6,948 shares, compared to its average volume of 38,959. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a twelve month low of $24.52 and a twelve month high of $31.11. The company’s 50 day simple moving average is $28.49 and its 200 day simple moving average is $28.91.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a $0.1733 dividend. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date is Wednesday, April 15th.

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

Hedge funds have recently bought and sold shares of the company. Silver Oak Securities Incorporated grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.3% during the 1st quarter. Silver Oak Securities Incorporated now owns 23,397 shares of the investment management company’s stock worth $624,000 after purchasing an additional 518 shares in the last quarter. PMG Family Office LLC raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.6% in the first quarter. PMG Family Office LLC now owns 8,004 shares of the investment management company’s stock valued at $213,000 after buying an additional 562 shares in the last quarter. Stifel Financial Corp raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.6% in the fourth quarter. Stifel Financial Corp now owns 43,993 shares of the investment management company’s stock valued at $1,335,000 after buying an additional 689 shares in the last quarter. Harbour Investments Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the fourth quarter valued at approximately $26,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 73,379 shares of the investment management company’s stock valued at $2,049,000 after buying an additional 902 shares in the last quarter.

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.