Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Declines By 31.7%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 41,189 shares, a drop of 31.7% from the November 30th total of 60,308 shares. Based on an average daily trading volume, of 186,784 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 186,784 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Up 0.3%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund stock traded up $0.04 during mid-day trading on Tuesday, reaching $14.49. 281,742 shares of the company were exchanged, compared to its average volume of 208,848. The business has a fifty day moving average of $14.32 and a 200 day moving average of $14.08. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 12-month low of $10.64 and a 12-month high of $14.64.

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

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be paid a dividend of $0.0993 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date is Monday, December 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 394,840.4% during the second quarter. Kingstone Capital Partners Texas LLC now owns 1,047,504,373 shares of the financial services provider’s stock valued at $13,764,913,000 after buying an additional 1,047,239,142 shares during the last quarter. Invesco Ltd. raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.3% during the 3rd quarter. Invesco Ltd. now owns 1,568,517 shares of the financial services provider’s stock worth $22,351,000 after acquiring an additional 50,008 shares in the last quarter. Raymond James Financial Inc. lifted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.6% during the third quarter. Raymond James Financial Inc. now owns 1,020,627 shares of the financial services provider’s stock valued at $14,544,000 after acquiring an additional 35,648 shares during the last quarter. Paragon Financial Partners Inc. boosted its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.4% in the third quarter. Paragon Financial Partners Inc. now owns 936,606 shares of the financial services provider’s stock valued at $13,347,000 after acquiring an additional 12,828 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.0% in the third quarter. Bank of America Corp DE now owns 797,142 shares of the financial services provider’s stock worth $11,359,000 after purchasing an additional 23,580 shares during the last quarter.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.