Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Growth in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 13,042 shares, an increase of 185.4% from the February 12th total of 4,569 shares. Based on an average daily volume of 35,071 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 35,071 shares, the days-to-cover ratio is currently 0.4 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Harbour Investments Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 4th quarter worth approximately $26,000. Kestra Advisory Services LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter valued at approximately $37,000. Advisory Services Network LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter valued at approximately $39,000. Garton & Associates Financial Advisors LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth $57,000. Finally, EverSource Wealth Advisors LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter worth $202,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 1.5%

Shares of NYSE ETO traded down $0.43 during mid-day trading on Thursday, reaching $28.00. The company had a trading volume of 44,470 shares, compared to its average volume of 39,229. The business’s 50-day simple moving average is $29.89 and its 200 day simple moving average is $28.78. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $20.05 and a one year high of $31.11.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.1733 per share. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Monday, March 16th.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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.