Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Grows By 77.3%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 18,494 shares, a growth of 77.3% from the May 14th total of 10,432 shares. Based on an average trading volume of 47,880 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Harbour Investments Inc. purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth $26,000. Kestra Advisory Services LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter worth $39,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth $57,000. Finally, Fifth Third Bancorp purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the first quarter worth $139,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Down 1.0%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock traded down $0.32 during mid-day trading on Tuesday, hitting $30.51. The company’s stock had a trading volume of 74,630 shares, compared to its average volume of 39,867. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $25.68 and a 1 year high of $31.26. The stock’s fifty day moving average is $29.74 and its two-hundred day moving average is $29.41.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.1733 dividend. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date is Monday, June 15th.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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.