Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Short Interest Update

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 45,600 shares, an increase of 132.7% from the January 15th total of 19,600 shares. Based on an average daily volume of 133,200 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

Shares of Eaton Vance Risk-Managed Diversified Equity Income Fund stock traded down $0.03 on Thursday, hitting $9.28. 115,160 shares of the company’s stock traded hands, compared to its average volume of 147,712. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52-week low of $8.10 and a 52-week high of $9.60. The firm’s 50-day moving average is $9.26 and its 200 day moving average is $9.17.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.0651 per share. This represents a $0.78 annualized dividend and a yield of 8.42%. The ex-dividend date of this dividend is Friday, February 14th.

Institutional Investors Weigh In On Eaton Vance Risk-Managed Diversified Equity Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. FLC Capital Advisors bought a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the fourth quarter worth about $104,000. Vista Investment Partners II LLC acquired a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund during the fourth quarter valued at approximately $106,000. Pathway Financial Advisers LLC lifted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 841.4% during the 3rd quarter. Pathway Financial Advisers LLC now owns 13,180 shares of the company’s stock worth $121,000 after buying an additional 11,780 shares during the last quarter. Global Assets Advisory LLC acquired a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the 3rd quarter worth approximately $132,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 26.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,864 shares of the company’s stock valued at $157,000 after acquiring an additional 3,533 shares during the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.