Short Interest in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Drops By 46.2%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 71,600 shares, a drop of 46.2% from the February 13th total of 133,100 shares. Based on an average daily volume of 313,500 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Investment Planning Advisors Inc. increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.7% during the fourth quarter. Investment Planning Advisors Inc. now owns 184,303 shares of the company’s stock worth $1,552,000 after purchasing an additional 1,246 shares during the last quarter. Integrated Capital Management Inc. grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.1% during the 4th quarter. Integrated Capital Management Inc. now owns 30,517 shares of the company’s stock valued at $257,000 after buying an additional 1,750 shares during the period. Flagship Harbor Advisors LLC increased its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.4% during the 4th quarter. Flagship Harbor Advisors LLC now owns 577,856 shares of the company’s stock worth $4,866,000 after buying an additional 2,030 shares during the last quarter. Harbour Investments Inc. raised its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 17.0% in the 4th quarter. Harbour Investments Inc. now owns 15,331 shares of the company’s stock worth $129,000 after buying an additional 2,224 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 32,050 shares of the company’s stock worth $270,000 after buying an additional 2,245 shares during the period.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Performance

Shares of NYSE ETW traded up $0.04 during midday trading on Friday, reaching $8.28. 233,199 shares of the stock were exchanged, compared to its average volume of 320,322. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52-week low of $7.63 and a 52-week high of $8.74. The stock has a 50 day moving average price of $8.51 and a 200-day moving average price of $8.51.

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

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.0664 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.63%. The ex-dividend date is Friday, March 14th.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.