Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Grows By 85.4%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 38,728 shares, a growth of 85.4% from the December 15th total of 20,885 shares. Based on an average trading volume of 113,635 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 113,635 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Several institutional investors have recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC raised its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 337,985.8% in the second quarter. Kingstone Capital Partners Texas LLC now owns 1,131,099,919 shares of the closed-end fund’s stock worth $26,284,501,000 after purchasing an additional 1,130,765,359 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 17.2% in the 2nd quarter. Raymond James Financial Inc. now owns 829,247 shares of the closed-end fund’s stock worth $19,985,000 after buying an additional 121,415 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 27.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 438,244 shares of the closed-end fund’s stock worth $10,715,000 after buying an additional 95,645 shares in the last quarter. PMG Family Office LLC bought a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 3rd quarter worth approximately $1,904,000. Finally, 1607 Capital Partners LLC boosted its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 6.2% in the 3rd quarter. 1607 Capital Partners LLC now owns 797,020 shares of the closed-end fund’s stock valued at $19,487,000 after buying an additional 46,678 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of EVT traded down $0.27 on Friday, reaching $25.35. 110,216 shares of the stock traded hands, compared to its average volume of 122,001. The stock’s 50-day moving average price is $24.67 and its 200-day moving average price is $24.40. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12 month low of $19.20 and a 12 month high of $25.92.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be paid a $0.1646 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.