Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 67,150 shares, an increase of 137.5% from the February 26th total of 28,278 shares. Based on an average daily trading volume, of 183,311 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several institutional investors and hedge funds have recently made changes to their positions in ETV. Newbridge Financial Services Group Inc. purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter worth $33,000. CoreCap Advisors LLC boosted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock valued at $35,000 after buying an additional 1,000 shares during the period. CENTRAL TRUST Co purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the fourth quarter valued at about $36,000. Barrett & Company Inc. grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% during the third quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock valued at $51,000 after buying an additional 1,100 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1,287.0% during the second quarter. Laurel Wealth Advisors LLC now owns 5,548 shares of the financial services provider’s stock valued at $77,000 after buying an additional 5,148 shares during the last quarter.

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

NYSE:ETV opened at $13.90 on Thursday. The business has a 50 day moving average of $14.45 and a 200 day moving average of $14.34. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1-year low of $10.64 and a 1-year high of $14.83.

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

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.0993 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date is Monday, March 16th.

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.