Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 32,118 shares, a decrease of 22.0% from the December 15th total of 41,189 shares. Based on an average daily trading volume, of 235,815 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 235,815 shares, the days-to-cover ratio is presently 0.1 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Down 1.7%

Shares of NYSE ETV traded down $0.25 during midday trading on Tuesday, hitting $14.16. The stock had a trading volume of 383,840 shares, compared to its average volume of 291,412. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a fifty-two week low of $10.64 and a fifty-two week high of $14.64. The company’s 50-day simple moving average is $14.34 and its 200 day simple moving average is $14.16.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be given a dividend of $0.0993 per share. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 8.4%.

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

Several large investors have recently bought and sold shares of the business. Cornerstone Advisors LLC grew its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 91.7% during the 3rd quarter. Cornerstone Advisors LLC now owns 316,595 shares of the financial services provider’s stock worth $4,511,000 after acquiring an additional 151,443 shares during the period. Shaker Financial Services LLC grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 175.8% during the second quarter. Shaker Financial Services LLC now owns 203,026 shares of the financial services provider’s stock worth $2,816,000 after purchasing an additional 129,408 shares during the period. Wolverine Asset Management LLC grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 21,595.3% during the third quarter. Wolverine Asset Management LLC now owns 123,880 shares of the financial services provider’s stock worth $1,765,000 after purchasing an additional 123,309 shares during the period. Paragon Financial Partners Inc. increased its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 13.0% in the second quarter. Paragon Financial Partners Inc. now owns 923,778 shares of the financial services provider’s stock valued at $12,813,000 after purchasing an additional 106,556 shares during the last quarter. Finally, PMG Family Office LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the third quarter valued at about $1,494,000.

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.