Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Short Interest Rises 121.3%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 165,982 shares, a growth of 121.3% from the September 30th total of 74,992 shares. Based on an average daily volume of 277,283 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Several institutional investors have recently made changes to their positions in the stock. CoreCap Advisors LLC increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 44.4% in the 3rd quarter. CoreCap Advisors LLC now owns 4,550 shares of the company’s stock worth $43,000 after purchasing an additional 1,400 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 1st quarter worth about $88,000. Howard Financial Services LTD. acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 2nd quarter valued at about $105,000. Corient Private Wealth LP acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 2nd quarter valued at about $111,000. Finally, Old Mission Investment Co LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter valued at approximately $112,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Down 2.4%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock traded down $0.23 during mid-day trading on Friday, hitting $9.33. The company’s stock had a trading volume of 240,006 shares, compared to its average volume of 309,838. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52-week low of $8.46 and a 52-week high of $9.95. The firm’s 50 day moving average is $9.60 and its 200 day moving average is $9.42.

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

The business also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were given a $0.0664 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend was Thursday, October 15th.

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 investment company that seeks to provide current income and gains while managing the tax characteristics of its distributions. The fund is managed by Eaton Vance Management and invests primarily in a diversified portfolio of global equity securities.

To pursue its objectives, ETW uses a buy-write strategy, also known as a covered-call strategy. The fund generally writes call options on some of the stocks in its portfolio or on equity indexes, seeking to generate option premiums and supplement potential dividend income.