Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Grows By 66.5%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 45,800 shares, a growth of 66.5% from the October 15th total of 27,500 shares. Based on an average daily trading volume, of 168,900 shares, the days-to-cover ratio is presently 0.3 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in ETV. Ieq Capital LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 0.8% in the second quarter. Ieq Capital LLC now owns 138,106 shares of the financial services provider’s stock valued at $1,888,000 after acquiring an additional 1,054 shares in the last quarter. Stableford Capital II LLC grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.3% in the 3rd quarter. Stableford Capital II LLC now owns 36,303 shares of the financial services provider’s stock valued at $506,000 after purchasing an additional 1,150 shares during the period. Mutual Advisors LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.1% during the 3rd quarter. Mutual Advisors LLC now owns 121,894 shares of the financial services provider’s stock valued at $1,689,000 after purchasing an additional 1,284 shares during the last quarter. Focus Financial Network Inc. raised its stake in shares of 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 during the period. Finally, Oliver Lagore Vanvalin Investment Group boosted its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 200.0% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 3,000 shares of the financial services provider’s stock worth $41,000 after buying an additional 2,000 shares during the last quarter.

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

Shares of NYSE:ETV opened at $14.18 on Wednesday. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1-year low of $11.82 and a 1-year high of $14.19. The stock’s fifty day simple moving average is $13.73 and its two-hundred day simple moving average is $13.43.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a $0.0993 dividend. This represents a $1.19 dividend on an annualized basis and a yield of 8.40%. This is an increase from Eaton Vance Tax-Managed Buy-Write Opportunities Fund’s previous monthly dividend of $0.10. The ex-dividend date is Thursday, November 21st.

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.