Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Down 68.5% in January

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,640 shares, a drop of 68.5% from the January 15th total of 14,741 shares. Based on an average trading volume of 38,739 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 38,739 shares, the short-interest ratio is currently 0.1 days.

Insiders Place Their Bets

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, Portfolio Manager Derek Digregorio sold 1,053 shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $28.98, for a total value of $30,515.94. Following the completion of the transaction, the portfolio manager directly owned 1 shares of the company’s stock, valued at $28.98. The trade was a 99.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

A number of institutional investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 328,462.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,242,694 shares of the investment management company’s stock valued at $189,466,000 after acquiring an additional 6,240,794 shares during the period. Shaker Financial Services LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 106.3% in the second quarter. Shaker Financial Services LLC now owns 86,048 shares of the investment management company’s stock worth $2,340,000 after purchasing an additional 44,347 shares during the last quarter. Royal Bank of Canada increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 94.7% in the first quarter. Royal Bank of Canada now owns 68,561 shares of the investment management company’s stock valued at $1,685,000 after purchasing an additional 33,342 shares during the period. Creative Planning acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter valued at $658,000. Finally, Guggenheim Capital LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 73.7% during the 2nd quarter. Guggenheim Capital LLC now owns 55,562 shares of the investment management company’s stock worth $1,511,000 after purchasing an additional 23,573 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Up 0.2%

ETO traded up $0.08 on Wednesday, hitting $30.28. 23,921 shares of the stock were exchanged, compared to its average volume of 43,354. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12 month low of $20.05 and a 12 month high of $31.11. The business has a 50-day moving average of $29.73 and a two-hundred day moving average of $28.43.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.1733 per share. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.