Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 13,700 shares, an increase of 22.3% from the January 31st total of 11,200 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 0.5 days.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In related news, Portfolio Manager Derek Digregorio bought 980 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was purchased at an average price of $25.98 per share, with a total value of $25,460.40. Following the completion of the transaction, the portfolio manager now directly owns 980 shares of the company’s stock, valued at $25,460.40. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Keith Quinton purchased 5,000 shares of the stock in a transaction on Thursday, February 20th. The shares were bought at an average price of $26.10 per share, for a total transaction of $130,500.00. Following the acquisition, the insider now owns 6,000 shares of the company’s stock, valued at approximately $156,600. The trade was a 500.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

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

Large investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock worth $263,000 after buying an additional 5,610 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the fourth quarter worth $313,000. Cetera Investment Advisers increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% during the fourth quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock worth $319,000 after acquiring an additional 877 shares during the period. Private Advisor Group LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 5.5% during the 3rd quarter. Private Advisor Group LLC now owns 14,116 shares of the investment management company’s stock valued at $375,000 after purchasing an additional 741 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock valued at $378,000 after purchasing an additional 2,141 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of NYSE ETO traded down $0.12 during trading hours on Friday, hitting $25.18. 10,977 shares of the stock were exchanged, compared to its average volume of 25,965. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $23.50 and a one year high of $27.00. The company’s 50 day moving average is $25.70 and its 200 day moving average is $25.86.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.1733 per share. This represents a $2.08 dividend on an annualized basis and a yield of 8.26%. The ex-dividend date is Friday, March 14th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.