Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Short Interest Report for October

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 165,982 shares, an increase of 121.3% from the September 30th total of 74,992 shares. Based on an average daily trading volume, of 277,283 shares, the short-interest ratio is presently 0.6 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.3% during the 1st quarter. Royal Bank of Canada now owns 972,894 shares of the company’s stock valued at $8,542,000 after buying an additional 22,162 shares during the last quarter. Roman Butler Fullerton & Co. lifted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.9% in the first quarter. Roman Butler Fullerton & Co. now owns 214,889 shares of the company’s stock valued at $1,962,000 after acquiring an additional 1,985 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the third quarter valued at $1,991,000. Shaker Financial Services LLC acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $1,591,000. Finally, Calamos Advisors LLC raised its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% in the 1st quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock valued at $1,177,000 after purchasing an additional 15,960 shares during the last quarter.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Price Performance

Shares of ETW stock traded down $0.23 during midday trading on Friday, reaching $9.33. 240,006 shares of the company traded hands, compared to its average volume of 309,838. The firm’s 50 day simple moving average is $9.60 and its two-hundred day simple moving average is $9.42. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 1-year low of $8.46 and a 1-year high of $9.95.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a $0.0664 dividend. This represents a $0.80 annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Thursday, October 15th.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol ETW. The fund seeks to provide total return through a combination of current income and capital appreciation while pursuing tax-managed investment strategies.

The fund invests primarily in a diversified portfolio of equity securities issued by companies around the world, including securities of companies based outside the United States. To generate income and manage portfolio exposure, it generally employs a buy-write strategy, writing call options on individual securities or equity indexes represented in its portfolio.

ETW is managed by Eaton Vance Management, an investment management firm that became part of Morgan Stanley Investment Management following Morgan Stanley’s acquisition of Eaton Vance in 2021.