Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Stock Short Interest Climbs 278.0%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 19,461 shares, a growth of 278.0% from the September 30th total of 5,148 shares. Based on an average daily volume of 25,981 shares, the short-interest ratio is currently 0.7 days.

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

A number of hedge funds have recently added to or reduced their stakes in ETO. Flagship Harbor Advisors LLC increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 4.3% during the third quarter. Flagship Harbor Advisors LLC now owns 149,257 shares of the investment management company’s stock worth $4,524,000 after purchasing an additional 6,214 shares during the last quarter. Waverly Advisors LLC acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter worth about $705,000. Advisory Solutions Group LLC purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 2nd quarter valued at about $3,522,000. Bank of America Corp DE lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% in the 1st quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock worth $2,661,000 after purchasing an additional 18,220 shares during the last quarter. Finally, Readystate Asset Management LP bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 1st quarter worth about $496,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

ETO stock traded down $0.06 during trading on Thursday, reaching $30.00. 27,106 shares of the stock were exchanged, compared to its average volume of 33,408. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $25.68 and a 1 year high of $32.35. The business has a 50 day moving average price of $30.72 and a 200-day moving average price of $30.08.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.1733 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $2.08 dividend on an annualized basis and a yield of 6.9%.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) is a closed-end investment fund managed by Eaton Vance Management, an investment adviser within Morgan Stanley Investment Management. The fund seeks to provide current income and long-term capital appreciation while emphasizing distributions that may receive favorable U.S. tax treatment.

ETO invests primarily in dividend-paying equity securities issued by companies around the world, including both U.S. and international businesses.