Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Sees Significant Growth in Short Interest

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 46,400 shares, an increase of 193.7% from the March 31st total of 15,800 shares. Based on an average daily trading volume, of 269,300 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Institutional investors have recently modified their holdings of the stock. Atria Wealth Solutions Inc. lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 238.8% in the 3rd quarter. Atria Wealth Solutions Inc. now owns 111,045 shares of the company’s stock valued at $848,000 after purchasing an additional 78,269 shares during the last quarter. Karpus Management Inc. lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.0% in the 3rd quarter. Karpus Management Inc. now owns 1,803,526 shares of the company’s stock valued at $13,779,000 after purchasing an additional 133,900 shares during the last quarter. Cornerstone Advisors LLC lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 158.7% in the 3rd quarter. Cornerstone Advisors LLC now owns 846,877 shares of the company’s stock valued at $6,470,000 after purchasing an additional 519,500 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at $387,000. Finally, NBC Securities Inc. bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter worth $38,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 1.0 %

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock opened at $7.90 on Friday. The company has a 50 day moving average price of $8.03 and a 200 day moving average price of $7.80. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52 week low of $6.96 and a 52 week high of $8.49.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be paid a $0.066 dividend. This is a positive change from Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund’s previous monthly dividend of $0.06. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $0.79 dividend on an annualized basis and a yield of 10.03%.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

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.