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

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 5,800 shares, a growth of 34.9% from the September 15th total of 4,300 shares. Based on an average daily trading volume, of 27,300 shares, the days-to-cover ratio is presently 0.2 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

Shares of ETO stock traded down $0.26 during trading on Tuesday, reaching $26.08. 15,412 shares of the company’s stock traded hands, compared to its average volume of 26,839. The firm’s 50-day moving average is $25.81 and its 200 day moving average is $25.33. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $19.85 and a 1 year high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be paid a dividend of $0.173 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 7.96%. The ex-dividend date of this dividend is Wednesday, October 23rd.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

A number of institutional investors have recently modified their holdings of the business. Cetera Advisors LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 1st quarter worth approximately $212,000. Shaker Financial Services LLC lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 5.1% in the 2nd quarter. Shaker Financial Services LLC now owns 22,527 shares of the investment management company’s stock worth $574,000 after purchasing an additional 1,102 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 17.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 23,405 shares of the investment management company’s stock worth $553,000 after purchasing an additional 3,445 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 33.5% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 42,334 shares of the investment management company’s stock worth $1,058,000 after purchasing an additional 10,615 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 30,798.0% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 46,347 shares of the investment management company’s stock worth $1,158,000 after purchasing an additional 46,197 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.