Short Interest in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Grows By 56.0%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 233,253 shares, an increase of 56.0% from the August 15th total of 149,476 shares. Based on an average daily trading volume, of 247,084 shares, the days-to-cover ratio is presently 0.9 days.

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

ETW traded up $0.04 during trading on Thursday, reaching $9.60. 232,987 shares of the stock traded hands, compared to its average volume of 322,876. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a fifty-two week low of $8.46 and a fifty-two week high of $9.95. The stock’s 50-day simple moving average is $9.68 and its two-hundred day simple moving average is $9.41.

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

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.0664 dividend. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

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

Institutional investors have recently modified their holdings of the company. Genesis Financial Group LLC boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.7% in the first quarter. Genesis Financial Group LLC now owns 44,542 shares of the company’s stock valued at $391,000 after acquiring an additional 1,161 shares during the period. D.A. Davidson & CO. lifted its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 5.8% during the first quarter. D.A. Davidson & CO. now owns 87,674 shares of the company’s stock worth $770,000 after purchasing an additional 4,843 shares during the period. Calamos Advisors LLC boosted its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% in the 1st quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock valued at $1,177,000 after buying an additional 15,960 shares in the last quarter. Arlington Capital Management Inc. bought a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 1st quarter worth about $271,000. Finally, Fifth Third Bancorp acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the first quarter worth approximately $163,000.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

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.