Short Interest in Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Declines By 86.2%

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 15,200 shares, a decline of 86.2% from the January 31st total of 110,000 shares. Based on an average daily trading volume, of 71,300 shares, the short-interest ratio is presently 0.2 days.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.8 %

ETB traded up $0.11 during trading on Friday, reaching $14.52. 60,612 shares of the company’s stock were exchanged, compared to its average volume of 79,899. Eaton Vance Tax-Managed Buy-Write Income Fund has a fifty-two week low of $12.99 and a fifty-two week high of $15.35. The business has a 50 day moving average price of $14.99 and a 200 day moving average price of $14.66.

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

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.1058 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.27 annualized dividend and a dividend yield of 8.74%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 25.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 42,594 shares of the financial services provider’s stock valued at $639,000 after purchasing an additional 8,679 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 491.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,420 shares of the financial services provider’s stock valued at $78,000 after purchasing an additional 4,504 shares in the last quarter. Fortitude Advisory Group L.L.C. boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.6% in the 4th quarter. Fortitude Advisory Group L.L.C. now owns 19,241 shares of the financial services provider’s stock valued at $289,000 after purchasing an additional 1,027 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 3.4% in the 4th quarter. Park Avenue Securities LLC now owns 83,216 shares of the financial services provider’s stock valued at $1,248,000 after purchasing an additional 2,770 shares in the last quarter. Finally, Graypoint LLC boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 7.9% in the 4th quarter. Graypoint LLC now owns 14,201 shares of the financial services provider’s stock valued at $213,000 after purchasing an additional 1,040 shares in the last quarter.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income 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 the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.