Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) Sees Large Drop in Short Interest

Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 3,273 shares, a decline of 80.0% from the September 15th total of 16,359 shares. Based on an average trading volume of 130,201 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

Several large investors have recently bought and sold shares of the stock. Parallel Advisors LLC acquired a new stake in Eaton Vance Enhanced Equity Income Fund II in the 1st quarter valued at about $41,000. Integrated Wealth Concepts LLC purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the 2nd quarter valued at about $91,000. Fifth Third Bancorp boosted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 321.7% in the 1st quarter. Fifth Third Bancorp now owns 5,701 shares of the company’s stock valued at $117,000 after buying an additional 4,349 shares during the period. Axiom Investment Management LLC purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the 1st quarter valued at about $124,000. Finally, Western Wealth Management LLC acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund II during the first quarter worth about $142,000.

Eaton Vance Enhanced Equity Income Fund II Stock Up 0.7%

Shares of Eaton Vance Enhanced Equity Income Fund II stock traded up $0.14 during trading hours on Friday, reaching $21.57. 166,308 shares of the company were exchanged, compared to its average volume of 132,856. Eaton Vance Enhanced Equity Income Fund II has a 1 year low of $19.44 and a 1 year high of $24.35. The stock’s fifty day moving average is $21.53 and its 200 day moving average is $21.74.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $0.1523 per share. This represents a $1.83 annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Enhanced Equity Income Fund II Company Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.