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 drop in short interest in August. As of August 14th, there was short interest totaling 7,535 shares, a drop of 51.3% from the July 30th total of 15,480 shares. Based on an average daily volume of 32,170 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Institutional investors have recently made changes to their positions in the business. Advisory Solutions Group LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 2nd quarter valued at approximately $3,522,000. Bank of America Corp DE boosted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% during the 1st quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock valued at $2,661,000 after acquiring an additional 18,220 shares during the last quarter. Readystate Asset Management LP acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 1st quarter worth $496,000. First Trust Advisors LP grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 11.0% during the 1st quarter. First Trust Advisors LP now owns 130,347 shares of the investment management company’s stock worth $3,474,000 after acquiring an additional 12,940 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position 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.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

ETO stock traded up $0.17 during trading on Friday, reaching $31.87. The stock had a trading volume of 28,386 shares, compared to its average volume of 36,714. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1-year low of $25.68 and a 1-year high of $32.35. The firm has a fifty day moving average price of $31.01 and a 200 day moving average price of $29.91.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.1733 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, August 14th.

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.