Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Rises By 64.8%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 63,670 shares, an increase of 64.8% from the July 15th total of 38,639 shares. Based on an average trading volume of 89,698 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EVT. Raymond James Financial Inc. increased its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 17.2% during the second quarter. Raymond James Financial Inc. now owns 829,247 shares of the closed-end fund’s stock valued at $19,985,000 after acquiring an additional 121,415 shares in the last quarter. Joel Isaacson & Co. LLC lifted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 18.3% in the 4th quarter. Joel Isaacson & Co. LLC now owns 745,247 shares of the closed-end fund’s stock valued at $18,765,000 after acquiring an additional 115,474 shares in the last quarter. Bank of America Corp DE bought a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 2nd quarter valued at approximately $3,053,000. &PARTNERS boosted its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 113.9% during the 4th quarter. &PARTNERS now owns 134,105 shares of the closed-end fund’s stock valued at $3,377,000 after purchasing an additional 71,413 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 729.1% during the 4th quarter. Wolverine Asset Management LLC now owns 52,209 shares of the closed-end fund’s stock valued at $1,315,000 after purchasing an additional 45,912 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Up 0.1%

NYSE:EVT traded up $0.02 during mid-day trading on Monday, hitting $29.43. 75,198 shares of the company’s stock were exchanged, compared to its average volume of 104,253. Eaton Vance Tax-Advantaged Dividend Income Fund has a one year low of $23.00 and a one year high of $29.65. The business has a fifty day moving average price of $27.57 and a 200 day moving average price of $26.42.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.1646 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date is Friday, August 14th.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.