Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Decreases By 20.1%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 12,300 shares, a decline of 20.1% from the May 31st total of 15,400 shares. Based on an average daily trading volume, of 195,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ETV. Montag A & Associates Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 16.9% during the fourth quarter. Montag A & Associates Inc. now owns 6,900 shares of the financial services provider’s stock valued at $85,000 after buying an additional 1,000 shares during the period. Parallel Advisors LLC increased its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 23.9% during the 4th quarter. Parallel Advisors LLC now owns 8,294 shares of the financial services provider’s stock worth $102,000 after acquiring an additional 1,598 shares during the period. Capital CS Group LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 1st quarter worth approximately $131,000. Allworth Financial LP lifted its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1,245.6% in the 4th quarter. Allworth Financial LP now owns 11,343 shares of the financial services provider’s stock worth $140,000 after purchasing an additional 10,500 shares in the last quarter. Finally, CTC Alternative Strategies Ltd. bought a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter valued at $141,000.

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

NYSE ETV traded up $0.17 during trading on Friday, hitting $13.67. 628,532 shares of the company’s stock traded hands, compared to its average volume of 222,071. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 12-month low of $11.05 and a 12-month high of $13.68. The business has a 50 day moving average of $13.05 and a 200-day moving average of $12.82.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 21st were paid a dividend of $0.099 per share. This represents a $1.19 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date was Friday, June 21st.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.