Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 8,205 shares, an increase of 192.2% from the June 30th total of 2,808 shares. Based on an average daily trading volume, of 41,196 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth $25,000. Kestra Advisory Services LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter worth about $86,000. Gould Capital LLC lifted its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 16.9% during the 2nd quarter. Gould Capital LLC now owns 7,426 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 1,073 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter valued at about $154,000. Finally, Waverly Advisors LLC purchased a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the 1st quarter valued at about $172,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

Eaton Vance Tax-Managed Buy-Write Income Fund stock opened at $15.30 on Wednesday. The company’s 50 day simple moving average is $15.39 and its 200-day simple moving average is $15.24. Eaton Vance Tax-Managed Buy-Write Income Fund has a 1 year low of $13.86 and a 1 year high of $15.72.

Eaton Vance Tax-Managed Buy-Write Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.1058 dividend. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Wednesday, July 15th.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.