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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 46,400 shares, a growth of 193.7% from the March 31st total of 15,800 shares. Based on an average trading volume of 269,300 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Detalus Advisors LLC raised its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 19.1% in the 3rd quarter. Detalus Advisors LLC now owns 12,800 shares of the company’s stock worth $98,000 after purchasing an additional 2,050 shares during the last quarter. Integrated Capital Management Inc. raised its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.6% in the 1st quarter. Integrated Capital Management Inc. now owns 25,949 shares of the company’s stock worth $213,000 after purchasing an additional 2,065 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.5% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 33,335 shares of the company’s stock worth $259,000 after purchasing an additional 2,334 shares during the last quarter. D.A. Davidson & CO. raised its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 4.1% in the 4th quarter. D.A. Davidson & CO. now owns 70,469 shares of the company’s stock worth $548,000 after purchasing an additional 2,800 shares during the last quarter. Finally, Stratos Wealth Advisors LLC raised its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 17.6% during the 4th quarter. Stratos Wealth Advisors LLC now owns 20,000 shares of the company’s stock valued at $155,000 after acquiring an additional 3,000 shares during the last quarter.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Price Performance

Shares of ETW opened at $7.81 on Friday. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a one year low of $6.96 and a one year high of $8.49. The business’s 50 day simple moving average is $8.03 and its 200-day simple moving average is $7.79.

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

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be issued a $0.066 dividend. This is an increase from Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund’s previous monthly dividend of $0.06. This represents a $0.79 annualized dividend and a dividend yield of 10.15%. The ex-dividend date is Monday, April 22nd.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.