Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Up 137.3% in July

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 118,200 shares, a growth of 137.3% from the June 30th total of 49,800 shares. Based on an average daily volume of 196,600 shares, the days-to-cover ratio is currently 0.6 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. Avion Wealth purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter valued at $102,000. BCR Wealth Strategies LLC purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter valued at $219,000. Investment Planning Advisors Inc. acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 2nd quarter worth $2,093,000. Focus Financial Network Inc. grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.1% during the 2nd quarter. Focus Financial Network Inc. now owns 50,495 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 1,501 shares in the last quarter. Finally, Outlook Wealth Advisors LLC grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 161.8% during the 2nd quarter. Outlook Wealth Advisors LLC now owns 111,664 shares of the financial services provider’s stock worth $1,526,000 after purchasing an additional 69,016 shares in the last quarter.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

Shares of ETV stock traded up $0.03 on Friday, hitting $13.35. The stock had a trading volume of 154,537 shares, compared to its average volume of 219,839. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1 year low of $11.05 and a 1 year high of $13.98. The company’s 50 day moving average price is $13.37 and its 200-day moving average price is $13.00.

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

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Tuesday, July 23rd will be issued a $0.0993 dividend. This represents a $1.19 annualized dividend and a dividend yield of 8.93%. The ex-dividend date of this dividend is Tuesday, July 23rd. This is an increase from Eaton Vance Tax-Managed Buy-Write Opportunities Fund’s previous monthly dividend of $0.10.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed 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 the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.