Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 37,800 shares, a decline of 33.2% from the November 15th total of 56,600 shares. Based on an average trading volume of 104,600 shares, the days-to-cover ratio is currently 0.4 days.

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

Several large investors have recently added to or reduced their stakes in EVT. Future Financial Wealth Managment LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the third quarter valued at approximately $44,000. GHP Investment Advisors Inc. acquired a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the third quarter valued at approximately $73,000. Larson Financial Group LLC grew its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 3,000 shares of the closed-end fund’s stock worth $74,000 after acquiring an additional 2,100 shares during the last quarter. Private Trust Co. NA raised its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 102.2% during the 3rd quarter. Private Trust Co. NA now owns 4,038 shares of the closed-end fund’s stock worth $100,000 after buying an additional 2,041 shares during the period. Finally, CWM LLC grew its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 588.1% during the 3rd quarter. CWM LLC now owns 5,546 shares of the closed-end fund’s stock worth $137,000 after purchasing an additional 4,740 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of EVT stock traded down $0.14 on Friday, hitting $24.63. 67,176 shares of the stock traded hands, compared to its average volume of 111,796. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $21.70 and a 1-year high of $25.83. The company’s fifty day moving average is $24.87 and its 200 day moving average is $24.16.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.1646 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.98 dividend on an annualized basis and a yield of 8.02%.

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.