Short Interest in Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Decreases By 46.5%

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 7,986 shares, a drop of 46.5% from the January 15th total of 14,935 shares. Based on an average daily volume of 204,182 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 204,182 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 0.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 101,200 shares of the investment management company’s stock worth $1,552,000 after acquiring an additional 881 shares during the last quarter. Summit Investment Advisory Services LLC increased its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 1.6% during the 4th quarter. Summit Investment Advisory Services LLC now owns 49,073 shares of the investment management company’s stock valued at $753,000 after purchasing an additional 751 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.2% during the 4th quarter. LPL Financial LLC now owns 1,237,972 shares of the investment management company’s stock valued at $18,990,000 after buying an additional 49,690 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 362,803 shares of the investment management company’s stock valued at $5,565,000 after buying an additional 9,550 shares in the last quarter. Finally, M Holdings Securities Inc. bought a new stake in Eaton Vance Tax-Managed Diversified Equity Income Fund in the 4th quarter worth approximately $428,000.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Up 0.6%

Shares of Eaton Vance Tax-Managed Diversified Equity Income Fund stock traded up $0.09 during trading on Friday, hitting $14.94. The stock had a trading volume of 320,836 shares, compared to its average volume of 237,448. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12 month low of $11.82 and a 12 month high of $16.03. The business’s 50-day moving average is $15.24 and its 200 day moving average is $15.54.

Eaton Vance Tax-Managed Diversified Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be issued a $0.0992 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) annualized dividend and a dividend yield of 8.0%.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.