Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Short Interest Update

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 37,520 shares, an increase of 73.9% from the December 15th total of 21,570 shares. Based on an average daily volume of 120,156 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 120,156 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Enhanced Equity Income Fund Trading Down 0.7%

Shares of Eaton Vance Enhanced Equity Income Fund stock traded down $0.14 during trading hours on Thursday, hitting $20.76. The company had a trading volume of 79,670 shares, compared to its average volume of 89,887. The company’s 50-day moving average is $20.13 and its two-hundred day moving average is $20.67. Eaton Vance Enhanced Equity Income Fund has a twelve month low of $15.50 and a twelve month high of $21.58.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a $0.1338 dividend. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, January 15th.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund during the 3rd quarter worth $85,000. JPMorgan Chase & Co. boosted its holdings in Eaton Vance Enhanced Equity Income Fund by 15.7% during the third quarter. JPMorgan Chase & Co. now owns 4,428 shares of the company’s stock worth $93,000 after buying an additional 600 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Eaton Vance Enhanced Equity Income Fund by 127.6% during the second quarter. Geneos Wealth Management Inc. now owns 5,772 shares of the company’s stock worth $121,000 after buying an additional 3,236 shares in the last quarter. Farther Finance Advisors LLC grew its position in Eaton Vance Enhanced Equity Income Fund by 14.1% during the third quarter. Farther Finance Advisors LLC now owns 8,088 shares of the company’s stock worth $170,000 after buying an additional 1,000 shares during the period. Finally, Wedbush Securities Inc. purchased a new position in Eaton Vance Enhanced Equity Income Fund in the third quarter valued at about $207,000.

Eaton Vance Enhanced Equity Income Fund Company Profile

The Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in dividend-paying common stocks of U.S. companies and may also hold preferred stocks and other equity securities. To enhance income potential, the fund employs a covered-call strategy by selling call options on a portion of its equity portfolio.

Under normal market conditions, the fund’s portfolio managers select large- and mid-capitalization equities with the potential for dividend growth and price appreciation.