Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Short Interest Down 37.6% in February

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) saw a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 42,900 shares, a decline of 37.6% from the February 13th total of 68,800 shares. Based on an average daily trading volume, of 83,700 shares, the short-interest ratio is presently 0.5 days.

Eaton Vance Enhanced Equity Income Fund Trading Up 0.2 %

Eaton Vance Enhanced Equity Income Fund stock traded up $0.04 during midday trading on Friday, hitting $18.96. 84,875 shares of the company’s stock were exchanged, compared to its average volume of 82,814. Eaton Vance Enhanced Equity Income Fund has a 12-month low of $17.10 and a 12-month high of $22.10. The firm’s 50 day simple moving average is $20.50 and its 200 day simple moving average is $20.49.

Eaton Vance Enhanced Equity Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.1338 dividend. This represents a $1.61 dividend on an annualized basis and a yield of 8.47%. The ex-dividend date is Friday, March 14th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EOI. Huntington National Bank grew its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 165,000.0% in the 4th quarter. Huntington National Bank now owns 1,651 shares of the company’s stock worth $34,000 after acquiring an additional 1,650 shares during the period. Elequin Capital LP purchased a new position in Eaton Vance Enhanced Equity Income Fund during the fourth quarter worth $97,000. Farther Finance Advisors LLC acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund in the fourth quarter worth $98,000. JPMorgan Chase & Co. increased its position in Eaton Vance Enhanced Equity Income Fund by 100.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,200 shares of the company’s stock worth $125,000 after purchasing an additional 3,111 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in Eaton Vance Enhanced Equity Income Fund by 8.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 8,594 shares of the company’s stock valued at $174,000 after acquiring an additional 656 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund Company Profile

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.