Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Decreases By 64.9%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totalling 7,200 shares, a decline of 64.9% from the September 15th total of 20,500 shares. Based on an average daily volume of 118,300 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.7 %

Shares of Eaton Vance Tax-Advantaged Dividend Income Fund stock traded up $0.17 during trading on Friday, hitting $24.70. 83,428 shares of the stock were exchanged, compared to its average volume of 114,330. The company has a fifty day moving average price of $24.10 and a 200-day moving average price of $23.63. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $18.70 and a 1-year high of $24.80.

Eaton Vance Tax-Advantaged Dividend Income Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be issued a dividend of $0.165 per share. This is an increase from Eaton Vance Tax-Advantaged Dividend Income Fund’s previous monthly dividend of $0.16. The ex-dividend date is Wednesday, October 23rd. This represents a $1.98 annualized dividend and a dividend yield of 8.02%.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

A number of institutional investors have recently made changes to their positions in EVT. ORG Partners LLC acquired a new position in Eaton Vance Tax-Advantaged Dividend Income Fund during the first quarter worth about $41,000. Private Advisor Group LLC lifted its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 6.9% in the 1st quarter. Private Advisor Group LLC now owns 156,637 shares of the closed-end fund’s stock valued at $3,697,000 after purchasing an additional 10,049 shares during the last quarter. MRA Advisory Group boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 3.9% in the first quarter. MRA Advisory Group now owns 84,116 shares of the closed-end fund’s stock valued at $1,985,000 after buying an additional 3,176 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the first quarter worth $66,000. Finally, Accel Wealth Management lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 1.6% in the 1st quarter. Accel Wealth Management now owns 121,137 shares of the closed-end fund’s stock valued at $2,859,000 after acquiring an additional 1,886 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.