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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 233,253 shares, an increase of 56.0% from the August 15th total of 149,476 shares. Based on an average trading volume of 247,084 shares, the days-to-cover ratio is presently 0.9 days.

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

A number of hedge funds and other institutional investors have recently modified their holdings of ETW. Genesis Financial Group LLC lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.7% during the 1st quarter. Genesis Financial Group LLC now owns 44,542 shares of the company’s stock worth $391,000 after purchasing an additional 1,161 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 5.8% during the first quarter. D.A. Davidson & CO. now owns 87,674 shares of the company’s stock worth $770,000 after purchasing an additional 4,843 shares during the last quarter. Calamos Advisors LLC grew its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% in the first quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock valued at $1,177,000 after purchasing an additional 15,960 shares during the period. Arlington Capital Management Inc. purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the first quarter valued at $271,000. Finally, Fifth Third Bancorp acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the first quarter valued at $163,000.

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

Shares of NYSE:ETW traded down $0.03 on Friday, hitting $9.56. The company had a trading volume of 80,464 shares, compared to its average volume of 321,521. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52-week low of $8.46 and a 52-week high of $9.95. The business has a 50 day moving average of $9.68 and a 200 day moving average of $9.41.

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

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.0664 dividend. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Tuesday, September 15th.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.