Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Shares Shorted: Short Interest Down 35.2% in September

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 16,888 shares, a decrease of 35.2% from the September 15th total of 26,042 shares. Based on an average trading volume of 49,212 shares, the short-interest ratio is presently 0.3 days.

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

ETB stock opened at $15.27 on Friday. The company has a 50-day moving average of $15.53 and a two-hundred day moving average of $15.37. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52-week low of $13.86 and a 52-week high of $15.82.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a $0.1058 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.3%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Large investors have recently made changes to their positions in the business. Principle Wealth Partners LLC acquired a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter valued at approximately $190,000. Paragon Financial Partners Inc. bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter worth approximately $14,266,000. Texas Capital Bank Wealth Management Services Inc acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth approximately $2,734,000. HBK Sorce Advisory LLC acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth approximately $419,000. Finally, Focused Wealth Management Inc acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth approximately $188,000.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide a high level of current income and gains, with a secondary objective of achieving long-term total return.

ETB generally invests in a diversified portfolio of common stocks, primarily those of U.S. companies, and uses a buy-write strategy to generate income. This strategy involves holding equity positions while writing, or selling, call options on selected securities or market indexes.