Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Increases By 55.8%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totalling 58,900 shares, an increase of 55.8% from the November 30th total of 37,800 shares. Based on an average daily volume of 102,900 shares, the days-to-cover ratio is currently 0.6 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

EVT stock opened at $24.07 on Monday. The stock’s 50 day moving average is $24.78 and its two-hundred day moving average is $24.22. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $21.82 and a 52-week high of $25.83.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a $0.1646 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.98 annualized dividend and a yield of 8.21%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter valued at about $44,000. GHP Investment Advisors Inc. bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the third quarter valued at about $73,000. Larson Financial Group LLC raised its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 233.3% during the third quarter. Larson Financial Group LLC now owns 3,000 shares of the closed-end fund’s stock valued at $74,000 after buying an additional 2,100 shares in the last quarter. Private Trust Co. NA lifted its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 102.2% during the 3rd quarter. Private Trust Co. NA now owns 4,038 shares of the closed-end fund’s stock worth $100,000 after buying an additional 2,041 shares during the last quarter. Finally, CWM LLC grew its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 588.1% in the 3rd quarter. CWM LLC now owns 5,546 shares of the closed-end fund’s stock worth $137,000 after acquiring an additional 4,740 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.