Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Short Interest Update

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETWGet Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 54,397 shares, a decrease of 48.5% from the April 30th total of 105,599 shares. Based on an average daily volume of 216,973 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Down 0.3%

Shares of NYSE ETW traded down $0.03 during trading hours on Monday, reaching $9.54. The stock had a trading volume of 136,133 shares, compared to its average volume of 361,546. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a fifty-two week low of $8.28 and a fifty-two week high of $9.60. The firm has a 50-day moving average of $9.19 and a 200-day moving average of $9.21.

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

The company also recently announced a monthly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.0664 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

A number of large investors have recently made changes to their positions in the company. Western Wealth Management LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 1st quarter valued at about $88,000. Genesis Financial Group LLC boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.7% in the 1st quarter. Genesis Financial Group LLC now owns 44,542 shares of the company’s stock valued at $391,000 after purchasing an additional 1,161 shares during the period. Royal Bank of Canada boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.3% in the 1st quarter. Royal Bank of Canada now owns 972,894 shares of the company’s stock valued at $8,542,000 after purchasing an additional 22,162 shares during the period. D.A. Davidson & CO. raised its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 5.8% during the 1st quarter. D.A. Davidson & CO. now owns 87,674 shares of the company’s stock valued at $770,000 after acquiring an additional 4,843 shares during the last quarter. Finally, Calamos Advisors LLC lifted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock worth $1,177,000 after acquiring an additional 15,960 shares during the period.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

(Get Free Report)

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.

Further Reading

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