Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Increases By 157.1%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 54,721 shares, a growth of 157.1% from the January 15th total of 21,286 shares. Based on an average daily volume of 272,511 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 272,511 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Hedge funds have recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at approximately $33,000. CoreCap Advisors LLC grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 1,000 shares during the period. CENTRAL TRUST Co acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter valued at $36,000. Barrett & Company Inc. raised its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% in the 3rd quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 1,100 shares during the last quarter. Finally, IFP Advisors Inc purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 2nd quarter worth $62,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

NYSE:ETV traded down $0.03 during trading hours on Friday, reaching $14.64. 177,270 shares of the company traded hands, compared to its average volume of 249,332. The firm’s 50-day moving average is $14.47 and its 200-day moving average is $14.25. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1-year low of $10.64 and a 1-year high of $14.83.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a dividend of $0.0993 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

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.