Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Increases By 55.8%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVTGet Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 58,900 shares, an increase of 55.8% from the November 30th total of 37,800 shares. Based on an average daily trading volume, of 102,900 shares, the days-to-cover ratio is currently 0.6 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Down 1.1 %

Shares of NYSE:EVT opened at $24.07 on Monday. Eaton Vance Tax-Advantaged Dividend Income Fund has a fifty-two week low of $21.82 and a fifty-two week high of $25.83. The firm has a 50-day simple moving average of $24.78 and a 200 day simple moving average of $24.22.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.1646 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.98 dividend on an annualized basis and a yield of 8.21%.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of EVT. Founders Financial Alliance LLC lifted its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 2.2% in the second quarter. Founders Financial Alliance LLC now owns 28,762 shares of the closed-end fund’s stock worth $670,000 after purchasing an additional 618 shares during the period. HighTower Advisors LLC grew its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 1.7% during the third quarter. HighTower Advisors LLC now owns 50,714 shares of the closed-end fund’s stock worth $1,252,000 after acquiring an additional 848 shares during the period. Creative Planning raised its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 4.8% in the second quarter. Creative Planning now owns 19,183 shares of the closed-end fund’s stock worth $447,000 after acquiring an additional 882 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter valued at about $44,000. Finally, Private Trust Co. NA boosted its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 102.2% during the 3rd quarter. Private Trust Co. NA now owns 4,038 shares of the closed-end fund’s stock valued at $100,000 after purchasing an additional 2,041 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

(Get Free Report)

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.

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