Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Short Interest Down 48.5% in May

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 54,397 shares, a decrease of 48.5% from the April 30th total of 105,599 shares. Based on an average daily trading volume, of 216,973 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Price Performance

NYSE ETW traded down $0.01 during trading hours on Tuesday, reaching $9.51. The stock had a trading volume of 265,811 shares, compared to its average volume of 361,182. The stock has a fifty day moving average of $9.20 and a 200 day moving average of $9.21. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52-week low of $8.28 and a 52-week high of $9.60.

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

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.0664 dividend. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Monday, June 15th.

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

Several hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.5% in the 4th quarter. Guggenheim Capital LLC now owns 2,296,545 shares of the company’s stock worth $21,174,000 after purchasing an additional 180,608 shares in the last quarter. Bank of America Corp DE boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.3% in the 3rd quarter. Bank of America Corp DE now owns 2,294,849 shares of the company’s stock worth $20,768,000 after purchasing an additional 6,196 shares in the last quarter. Invesco Ltd. boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.1% in the 3rd quarter. Invesco Ltd. now owns 1,663,673 shares of the company’s stock worth $15,056,000 after purchasing an additional 95,205 shares in the last quarter. Raymond James Financial Inc. boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1.7% in the 2nd quarter. Raymond James Financial Inc. now owns 1,544,773 shares of the company’s stock worth $13,362,000 after purchasing an additional 25,209 shares in the last quarter. Finally, 1607 Capital Partners LLC boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 262.3% in the 4th quarter. 1607 Capital Partners LLC now owns 1,452,913 shares of the company’s stock worth $13,396,000 after purchasing an additional 1,051,879 shares in the last quarter.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.