Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Declines By 22.0%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 32,118 shares, a decrease of 22.0% from the December 15th total of 41,189 shares. Based on an average daily trading volume, of 235,815 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 235,815 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at approximately $33,000. CoreCap Advisors LLC increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 1,000 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter valued at $40,000. Barrett & Company Inc. raised its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% in the 3rd quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock valued at $51,000 after purchasing an additional 1,100 shares during the last quarter. Finally, IFP Advisors Inc purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter valued at $62,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

NYSE:ETV traded down $0.01 during midday trading on Monday, hitting $14.47. 264,878 shares of the company were exchanged, compared to its average volume of 283,016. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a fifty-two week low of $10.64 and a fifty-two week high of $14.64. The company has a fifty day simple moving average of $14.34 and a 200 day simple moving average of $14.16.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a $0.0993 dividend. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Thursday, January 15th.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.