Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Decrease in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 9,927 shares, a decrease of 36.9% from the March 31st total of 15,722 shares. Based on an average daily trading volume, of 37,978 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Several large investors have recently added to or reduced their stakes in ETO. Northwestern Mutual Wealth Management Co. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 328,462.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,242,694 shares of the investment management company’s stock worth $189,466,000 after buying an additional 6,240,794 shares during the period. Guggenheim Capital LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 53.2% during the fourth quarter. Guggenheim Capital LLC now owns 157,739 shares of the investment management company’s stock worth $4,787,000 after buying an additional 54,771 shares during the period. Astoria Portfolio Advisors LLC. purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth about $1,249,000. &PARTNERS lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 150.4% during the fourth quarter. &PARTNERS now owns 60,750 shares of the investment management company’s stock worth $1,844,000 after buying an additional 36,485 shares during the period. Finally, Royal Bank of Canada lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 94.7% during the first quarter. Royal Bank of Canada now owns 68,561 shares of the investment management company’s stock worth $1,685,000 after buying an additional 33,342 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

NYSE ETO traded up $0.61 during trading hours on Thursday, hitting $29.87. 35,505 shares of the company’s stock were exchanged, compared to its average volume of 39,334. The business’s 50 day moving average is $28.48 and its 200-day moving average is $28.91. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $24.52 and a 12-month high of $31.11.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be given a dividend of $0.1733 per share. The ex-dividend date is Wednesday, April 15th. This represents a c) annualized dividend and a yield of 7.0%.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.