Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Increases By 77.3%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 18,494 shares, a growth of 77.3% from the May 14th total of 10,432 shares. Based on an average daily volume of 47,880 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of NYSE:ETO traded up $0.10 during mid-day trading on Monday, reaching $30.73. 20,795 shares of the stock were exchanged, compared to its average volume of 39,541. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $25.68 and a one year high of $31.26. The stock’s 50 day simple moving average is $29.67 and its 200-day simple moving average is $29.40.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.1733 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

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

A number of hedge funds have recently made changes to their positions in ETO. Royal Bank of Canada lifted 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 valued at $1,685,000 after buying an additional 33,342 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.8% in the second quarter. Raymond James Financial Inc. now owns 77,219 shares of the investment management company’s stock valued at $2,100,000 after buying an additional 2,860 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 56,780 shares of the investment management company’s stock worth $1,544,000 after purchasing an additional 1,975 shares during the last quarter. Osaic Holdings Inc. grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.3% in the 2nd quarter. Osaic Holdings Inc. now owns 22,701 shares of the investment management company’s stock valued at $617,000 after buying an additional 1,344 shares in the last quarter. Finally, Founders Financial Alliance LLC grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 25.7% in the 3rd quarter. Founders Financial Alliance LLC now owns 11,237 shares of the investment management company’s stock valued at $310,000 after buying an additional 2,299 shares in the last quarter.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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.