Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Large Drop in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 4,900 shares, a drop of 41.0% from the September 30th total of 8,300 shares. Based on an average trading volume of 26,400 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 26,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETO. US Bancorp DE boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 291.7% during the 1st quarter. US Bancorp DE now owns 1,175 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 875 shares during the last quarter. Parallel Advisors LLC raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 73.7% during the 2nd quarter. Parallel Advisors LLC now owns 4,865 shares of the investment management company’s stock valued at $132,000 after buying an additional 2,064 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter worth $203,000. NWF Advisory Services Inc. bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 2nd quarter worth approximately $211,000. Finally, Founders Financial Alliance LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the first quarter worth approximately $218,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Up 0.5%

ETO traded up $0.14 during trading hours on Monday, hitting $28.50. The stock had a trading volume of 36,576 shares, compared to its average volume of 28,811. The company’s fifty day simple moving average is $27.61 and its 200 day simple moving average is $26.77. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $20.05 and a 1 year high of $28.61.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th were issued a $0.1733 dividend. The ex-dividend date was Wednesday, October 15th. This represents a c) annualized dividend and a yield of 7.3%.

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.