Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Decreases By 68.5%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 4,640 shares, a drop of 68.5% from the January 15th total of 14,741 shares. Based on an average trading volume of 38,739 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 38,739 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 0.3%

NYSE ETO traded down $0.10 during trading hours on Friday, reaching $29.89. 31,095 shares of the company’s stock were exchanged, compared to its average volume of 42,137. The firm has a fifty day moving average of $29.78 and a 200-day moving average of $28.47. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $20.05 and a one year high of $31.11.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.1733 per share. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Tuesday, February 17th.

Insider Activity at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In other news, Portfolio Manager Derek Digregorio sold 1,053 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $28.98, for a total transaction of $30,515.94. Following the completion of the sale, the portfolio manager owned 1 shares of the company’s stock, valued at approximately $28.98. This trade represents a 99.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ETO. Founders Financial Alliance LLC raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 25.7% in the third quarter. Founders Financial Alliance LLC now owns 11,237 shares of the investment management company’s stock worth $310,000 after acquiring an additional 2,299 shares during the last quarter. Flagship Harbor Advisors LLC increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 0.7% in the third quarter. Flagship Harbor Advisors LLC now owns 130,367 shares of the investment management company’s stock valued at $3,593,000 after purchasing an additional 922 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 73,379 shares of the investment management company’s stock worth $2,049,000 after purchasing an additional 902 shares during the last quarter. Wolverine Asset Management LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2,027.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 8,511 shares of the investment management company’s stock worth $235,000 after purchasing an additional 8,111 shares during the last quarter. Finally, Shaker Financial Services LLC lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 12.9% during the 3rd quarter. Shaker Financial Services LLC now owns 97,146 shares of the investment management company’s stock worth $2,677,000 after buying an additional 11,098 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.