Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 31,537 shares, a decline of 48.2% from the May 14th total of 60,899 shares. Based on an average daily volume of 88,799 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

EVT traded up $0.07 during trading hours on Friday, hitting $26.71. 95,874 shares of the company’s stock were exchanged, compared to its average volume of 105,924. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12-month low of $23.00 and a 12-month high of $27.46. The firm has a 50 day moving average of $26.13 and a 200 day moving average of $25.55.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.1646 per share. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Horizon Corp acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 4th quarter valued at $25,000. Oakworth Capital Inc. acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 4th quarter valued at $25,000. Ascentis Independent Advisors acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 1st quarter valued at $50,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 4th quarter valued at $51,000. Finally, Advisory Services Network LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter valued at $51,000.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.