Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Sees Significant Growth in Short Interest

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 122,385 shares, a growth of 69.2% from the June 30th total of 72,347 shares. Based on an average daily trading volume, of 206,334 shares, the days-to-cover ratio is presently 0.6 days.

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

Shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock opened at $9.46 on Friday. The business has a 50-day simple moving average of $9.46 and a 200-day simple moving average of $9.31. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a one year low of $8.46 and a one year high of $9.68.

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

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $0.0664 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 8.4%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

A number of large investors have recently modified their holdings of ETW. Guggenheim Capital LLC raised its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.5% in the 4th quarter. Guggenheim Capital LLC now owns 2,296,545 shares of the company’s stock valued at $21,174,000 after purchasing an additional 180,608 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.3% during the third quarter. Bank of America Corp DE now owns 2,294,849 shares of the company’s stock worth $20,768,000 after purchasing an additional 6,196 shares in the last quarter. Invesco Ltd. increased its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.1% in the third quarter. Invesco Ltd. now owns 1,663,673 shares of the company’s stock valued at $15,056,000 after buying an additional 95,205 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1.7% in the second quarter. Raymond James Financial Inc. now owns 1,544,773 shares of the company’s stock valued at $13,362,000 after buying an additional 25,209 shares during the last quarter. Finally, 1607 Capital Partners LLC increased its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 262.3% in the fourth quarter. 1607 Capital Partners LLC now owns 1,452,913 shares of the company’s stock valued at $13,396,000 after buying an additional 1,051,879 shares during the last quarter.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.