Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Up 98.1% in January

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 14,741 shares, an increase of 98.1% from the December 31st total of 7,443 shares. Based on an average daily volume of 55,450 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 55,450 shares, the short-interest ratio is presently 0.3 days.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In other news, Portfolio Manager Derek Digregorio sold 1,053 shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $28.98, for a total transaction of $30,515.94. Following the transaction, the portfolio manager owned 1 shares in the company, valued at approximately $28.98. The trade was a 99.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 3rd quarter valued at about $39,000. EverSource Wealth Advisors LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter valued at approximately $202,000. Readystate Asset Management LP bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the third quarter valued at approximately $209,000. NWF Advisory Services Inc. acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter worth $211,000. Finally, PMG Family Office LLC bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter worth $216,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

ETO opened at $30.32 on Friday. The stock has a fifty day moving average price of $29.55 and a 200 day moving average price of $28.29. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $20.05 and a 1 year high of $31.11.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a dividend of $0.1733 per share. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, January 15th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.