Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Expands By 147.8%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 282,975 shares, a growth of 147.8% from the May 31st total of 114,214 shares. Based on an average trading volume of 162,580 shares, the short-interest ratio is presently 1.7 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Up 1.3%

ETV traded up $0.19 during midday trading on Monday, hitting $14.77. The company had a trading volume of 62,366 shares, compared to its average volume of 193,659. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 52 week low of $13.13 and a 52 week high of $14.99. The stock’s 50 day moving average price is $14.64 and its 200 day moving average price is $14.44.

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

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.0993 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. HBK Sorce Advisory LLC lifted its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.7% in the 4th quarter. HBK Sorce Advisory LLC now owns 26,747 shares of the financial services provider’s stock worth $392,000 after purchasing an additional 700 shares in the last quarter. WCG Wealth Advisors LLC lifted its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.0% in the third quarter. WCG Wealth Advisors LLC now owns 45,360 shares of the financial services provider’s stock valued at $646,000 after buying an additional 884 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.2% in the fourth quarter. Stifel Financial Corp now owns 76,451 shares of the financial services provider’s stock valued at $1,098,000 after buying an additional 899 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock valued at $35,000 after buying an additional 1,000 shares during the last quarter. Finally, Focus Financial Network Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.8% during the fourth quarter. Focus Financial Network Inc. now owns 55,863 shares of the financial services provider’s stock worth $802,000 after acquiring an additional 1,006 shares in the last quarter.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.