Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Large Increase in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 19,461 shares, a growth of 278.0% from the September 30th total of 5,148 shares. Based on an average daily trading volume, of 25,981 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Several hedge funds have recently bought and sold shares of ETO. Blue Bell Private Wealth Management LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 19.2% during the third quarter. Blue Bell Private Wealth Management LLC now owns 16,661 shares of the investment management company’s stock worth $505,000 after acquiring an additional 2,687 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 4.3% during the third quarter. Flagship Harbor Advisors LLC now owns 149,257 shares of the investment management company’s stock worth $4,524,000 after buying an additional 6,214 shares during the last quarter. Waverly Advisors LLC acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter valued at $705,000. Advisory Solutions Group LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the second quarter valued at $3,522,000. Finally, Bank of America Corp DE boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% during the 1st quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock worth $2,661,000 after purchasing an additional 18,220 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of ETO traded down $0.10 during mid-day trading on Friday, hitting $29.98. 6,358 shares of the company traded hands, compared to its average volume of 33,269. The business has a 50-day moving average of $30.69 and a 200 day moving average of $30.08. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $25.68 and a one year high of $32.35.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a $0.1733 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.9%.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end investment company that seeks to provide current income and capital appreciation through a globally diversified portfolio of dividend-paying securities. The fund invests primarily in equity securities issued by companies in the United States and international markets, with an emphasis on businesses that generate dividend income.

The fund may invest across a range of industries and geographic regions and can hold common stocks, preferred stocks, and other income-producing investments.