Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Up 64.8% in July

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 63,670 shares, a growth of 64.8% from the July 15th total of 38,639 shares. Based on an average daily trading volume, of 89,698 shares, the short-interest ratio is presently 0.7 days.

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

Several institutional investors have recently modified their holdings of EVT. Corient Private Wealth LP purchased a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the second quarter valued at $314,000. Bank of America Corp DE acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 2nd quarter worth about $3,053,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 2nd quarter worth about $60,000. Global Retirement Partners LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 2nd quarter valued at about $33,000. Finally, Next Level Private LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 2nd quarter valued at about $229,000.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Down 0.5%

Eaton Vance Tax-Advantaged Dividend Income Fund stock traded down $0.14 during trading on Tuesday, reaching $29.29. The stock had a trading volume of 94,031 shares, compared to its average volume of 104,187. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $23.00 and a 52-week high of $29.65. The business has a 50 day moving average price of $27.63 and a 200 day moving average price of $26.45.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.1646 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Friday, August 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.