Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Stock Short Interest Report for September

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 63,537 shares, a decline of 66.5% from the September 15th total of 189,876 shares. Based on an average trading volume of 140,904 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Eaton Vance Risk-Managed Diversified Equity Income Fund

A number of large investors have recently made changes to their positions in ETJ. Private Advisor Group LLC increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 5.0% in the 1st quarter. Private Advisor Group LLC now owns 134,957 shares of the company’s stock worth $1,103,000 after buying an additional 6,395 shares during the period. Calamos Advisors LLC lifted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 133,982 shares of the company’s stock valued at $1,095,000 after buying an additional 15,950 shares in the last quarter. First Heartland Consultants Inc. lifted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.1% during the 2nd quarter. First Heartland Consultants Inc. now owns 129,146 shares of the company’s stock valued at $1,068,000 after buying an additional 3,905 shares in the last quarter. Royal Bank of Canada lifted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.7% during the 1st quarter. Royal Bank of Canada now owns 116,319 shares of the company’s stock valued at $951,000 after buying an additional 4,183 shares in the last quarter. Finally, PMG Family Office LLC boosted its position in Eaton Vance Risk-Managed Diversified Equity Income Fund by 6.4% in the 1st quarter. PMG Family Office LLC now owns 101,258 shares of the company’s stock valued at $827,000 after buying an additional 6,100 shares during the period.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

Eaton Vance Risk-Managed Diversified Equity Income Fund stock traded down $0.02 during mid-day trading on Monday, hitting $8.22. The company’s stock had a trading volume of 141,765 shares, compared to its average volume of 148,286. The company has a 50 day moving average of $8.35 and a 200-day moving average of $8.35. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.88 and a one year high of $9.01.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0651 per share. This represents a $0.78 annualized dividend and a dividend yield of 9.5%. The ex-dividend date is Thursday, October 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end investment fund managed by Eaton Vance Management, a Morgan Stanley Investment Management affiliate. The fund seeks to provide current income and capital appreciation through a diversified portfolio of equity securities.

The fund primarily invests in common stocks of U.S. companies across multiple industries and uses an options-based strategy as part of its portfolio management. In particular, it may write call options on individual securities or equity indexes to generate income and help manage downside risk, although this approach can also limit some potential gains.

ETJ was established as part of Eaton Vance’s family of closed-end funds and is designed for investors seeking equity-market exposure combined with an income-oriented, risk-managed strategy.