Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Down 51.3% in August

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a significant drop in short interest in the month of 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 days-to-cover ratio is currently 0.2 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 0.3%

Shares of NYSE ETO traded down $0.09 during midday trading on Monday, reaching $31.76. The company’s stock had a trading volume of 20,105 shares, compared to its average volume of 36,613. The business’s 50 day moving average price is $31.01 and its two-hundred day moving average price is $29.91. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a fifty-two week low of $25.68 and a fifty-two week high of $32.35.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a $0.1733 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a yield of 6.5%.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Large investors have recently modified their holdings of the stock. Royal Bank of Canada increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 94.7% in the first quarter. Royal Bank of Canada now owns 68,561 shares of the investment management company’s stock worth $1,685,000 after purchasing an additional 33,342 shares during the period. Raymond James Financial Inc. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.8% during the second quarter. Raymond James Financial Inc. now owns 77,219 shares of the investment management company’s stock worth $2,100,000 after purchasing an additional 2,860 shares during the period. Ameriprise Financial Inc. grew its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.6% during the second quarter. Ameriprise Financial Inc. now owns 56,780 shares of the investment management company’s stock worth $1,544,000 after buying an additional 1,975 shares in the last quarter. Osaic Holdings Inc. grew its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.3% during the second quarter. Osaic Holdings Inc. now owns 22,701 shares of the investment management company’s stock worth $617,000 after buying an additional 1,344 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.4% during the third quarter. First Trust Advisors LP now owns 118,719 shares of the investment management company’s stock worth $3,272,000 after buying an additional 16,713 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.