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 significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 83,249 shares, a drop of 64.3% from the August 31st total of 233,253 shares. Based on an average daily volume of 283,199 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Institutional investors have recently made changes to their positions in the company. Corient Private Wealth LP acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter valued at $111,000. Old Mission Investment Co LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the second quarter worth $112,000. David J Yvars Group raised its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 34.8% in the second quarter. David J Yvars Group now owns 41,827 shares of the company’s stock valued at $403,000 after buying an additional 10,797 shares during the last quarter. Howard Financial Services LTD. purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the second quarter worth about $105,000. Finally, Western Wealth Management LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the first quarter worth about $88,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Down 0.7%

Shares of ETW stock traded down $0.07 on Tuesday, reaching $9.47. 260,501 shares of the company were exchanged, compared to its average volume of 318,066. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 1 year low of $8.46 and a 1 year high of $9.95. The business has a 50-day moving average price of $9.68 and a 200 day moving average price of $9.43.

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

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0664 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.4%.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a diversified closed-end fund managed by Eaton Vance Management, a subsidiary of Morgan Stanley. The fund seeks to provide current income and gains, with capital appreciation as a secondary objective, through a globally diversified portfolio of equity securities.

The fund invests primarily in common stocks of companies located in the United States and other countries. It also follows a buy-write, or covered-call, strategy by writing call options on some of the stocks in its portfolio.