Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Growth in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 13,042 shares, an increase of 185.4% from the February 12th total of 4,569 shares. Based on an average daily volume of 35,071 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 35,071 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

NYSE ETO traded down $0.14 during trading on Wednesday, hitting $28.44. 36,077 shares of the stock traded hands, compared to its average volume of 39,119. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $20.05 and a 12-month high of $31.11. The firm has a 50-day simple moving average of $29.98 and a 200-day simple moving average of $28.79.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.1733 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Monday, March 16th.

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

Several large investors have recently added to or reduced their stakes in ETO. Northwestern Mutual Wealth Management Co. raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 328,462.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,242,694 shares of the investment management company’s stock valued at $189,466,000 after purchasing an additional 6,240,794 shares during the period. 1607 Capital Partners LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 8.5% during the 4th quarter. 1607 Capital Partners LLC now owns 239,386 shares of the investment management company’s stock valued at $7,265,000 after buying an additional 18,808 shares during the period. Advisors Asset Management Inc. raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 4.3% during the 4th quarter. Advisors Asset Management Inc. now owns 179,942 shares of the investment management company’s stock valued at $5,461,000 after buying an additional 7,484 shares during the period. Guggenheim Capital LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 53.2% in the fourth quarter. Guggenheim Capital LLC now owns 157,739 shares of the investment management company’s stock worth $4,787,000 after buying an additional 54,771 shares during the last quarter. Finally, Flagship Harbor Advisors LLC raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 0.7% in the third quarter. Flagship Harbor Advisors LLC now owns 130,367 shares of the investment management company’s stock valued at $3,593,000 after acquiring an additional 922 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

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.