Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Down 79.5% in July

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,679 shares, a drop of 79.5% from the July 15th total of 8,205 shares. Based on an average trading volume of 39,195 shares, the short-interest ratio is currently 0.0 days.

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

Hedge funds have recently made changes to their positions in the company. WCG Wealth Advisors LLC grew its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 2.2% during the 3rd quarter. WCG Wealth Advisors LLC now owns 38,596 shares of the financial services provider’s stock valued at $579,000 after buying an additional 827 shares in the last quarter. MML Investors Services LLC boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 2.8% during the 4th quarter. MML Investors Services LLC now owns 31,148 shares of the financial services provider’s stock valued at $476,000 after acquiring an additional 856 shares during the last quarter. Gould Capital LLC boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 16.9% during the 2nd quarter. Gould Capital LLC now owns 7,426 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 1,073 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.7% in the fourth quarter. Wolverine Asset Management LLC now owns 31,000 shares of the financial services provider’s stock valued at $473,000 after purchasing an additional 1,674 shares in the last quarter. Finally, PMG Family Office LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 2.3% in the first quarter. PMG Family Office LLC now owns 76,140 shares of the financial services provider’s stock valued at $1,098,000 after purchasing an additional 1,678 shares in the last quarter.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance

NYSE ETB traded down $0.18 on Friday, reaching $15.52. The company had a trading volume of 42,916 shares, compared to its average volume of 52,268. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $13.86 and a 12 month high of $15.74. The firm’s 50 day moving average price is $15.41 and its 200 day moving average price is $15.26.

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

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.1058 per share. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

About Eaton Vance Tax-Managed Buy-Write Income Fund

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.