Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Down 79.7% in June

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 2,808 shares, a decrease of 79.7% from the June 15th total of 13,823 shares. Based on an average daily volume of 43,149 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Income Fund

Several large investors have recently made changes to their positions in ETB. Newbridge Financial Services Group Inc. bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the second quarter valued at approximately $25,000. Kestra Advisory Services LLC bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the fourth quarter worth $86,000. Gould Capital LLC lifted its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 16.9% during the second quarter. Gould Capital LLC now owns 7,426 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 1,073 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 4th quarter valued at $154,000. Finally, Waverly Advisors LLC acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 1st quarter valued at $172,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Down 0.1%

Eaton Vance Tax-Managed Buy-Write Income Fund stock traded down $0.01 during trading hours on Monday, reaching $15.58. 55,332 shares of the stock were exchanged, compared to its average volume of 53,165. Eaton Vance Tax-Managed Buy-Write Income Fund has a twelve month low of $13.86 and a twelve month high of $15.67. The stock has a 50 day moving average of $15.36 and a two-hundred day moving average of $15.23.

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

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.1058 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 8.1%.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.