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

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 53,100 shares, a growth of 15.9% from the October 31st total of 45,800 shares. Based on an average daily volume of 167,100 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Up 1.3 %

NYSE ETV traded up $0.18 during trading on Friday, hitting $14.44. The company had a trading volume of 163,542 shares, compared to its average volume of 203,488. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a one year low of $11.82 and a one year high of $14.45. The company’s fifty day moving average is $13.94 and its 200-day moving average is $13.55.

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

The firm also recently declared a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were paid a $0.0993 dividend. This represents a $1.19 annualized dividend and a dividend yield of 8.25%. This is a positive change from Eaton Vance Tax-Managed Buy-Write Opportunities Fund’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Thursday, November 21st.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ETV. International Assets Investment Management LLC increased its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2,470.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,138,936 shares of the financial services provider’s stock worth $15,717,000 after acquiring an additional 1,094,622 shares in the last quarter. Penserra Capital Management LLC bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 3rd quarter worth about $4,796,000. Investment Planning Advisors Inc. bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter worth about $2,093,000. Private Advisor Group LLC increased its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 151.4% in the 3rd quarter. Private Advisor Group LLC now owns 148,508 shares of the financial services provider’s stock worth $2,049,000 after acquiring an additional 89,430 shares in the last quarter. Finally, Outlook Wealth Advisors LLC increased its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 161.8% in the 2nd quarter. Outlook Wealth Advisors LLC now owns 111,664 shares of the financial services provider’s stock worth $1,526,000 after acquiring an additional 69,016 shares in the last quarter.

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

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.