Short Interest in Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Decreases By 26.0%

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 38,800 shares, a drop of 26.0% from the May 15th total of 52,400 shares. Based on an average daily trading volume, of 96,200 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Income Fund

Hedge funds have recently bought and sold shares of the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the fourth quarter valued at approximately $38,000. Elequin Capital LP acquired a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter worth $44,000. Compass Planning Associates Inc acquired a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the fourth quarter worth $46,000. Allworth Financial LP increased its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 24.3% during the fourth quarter. Allworth Financial LP now owns 3,757 shares of the financial services provider’s stock worth $57,000 after buying an additional 735 shares during the last quarter. Finally, Private Trust Co. NA increased its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 651.1% during the first quarter. Private Trust Co. NA now owns 4,649 shares of the financial services provider’s stock worth $63,000 after buying an additional 4,030 shares during the last quarter.

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

Shares of ETB stock opened at $14.00 on Wednesday. The company’s 50 day moving average price is $13.57 and its two-hundred day moving average price is $14.22. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52 week low of $11.03 and a 52 week high of $15.35.

Eaton Vance Tax-Managed Buy-Write Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be issued a dividend of $0.1058 per share. The ex-dividend date is Monday, June 16th. This represents a $1.27 annualized dividend and a yield of 9.07%.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income 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.