Short Interest in Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Increases By 26.9%

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 9,900 shares, a growth of 26.9% from the May 31st total of 7,800 shares. Based on an average trading volume of 77,300 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund

Institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. boosted its position in shares of Eaton Vance Enhanced Equity Income Fund by 32.2% in the 1st quarter. Sunbelt Securities Inc. now owns 2,338 shares of the company’s stock worth $43,000 after purchasing an additional 570 shares in the last quarter. Register Financial Advisors LLC acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund in the 1st quarter worth $128,000. Cetera Advisors LLC acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund in the 1st quarter worth $305,000. Flow State Investments L.P. acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund in the 4th quarter worth $382,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund in the 4th quarter worth $399,000.

Eaton Vance Enhanced Equity Income Fund Stock Down 0.2 %

Shares of Eaton Vance Enhanced Equity Income Fund stock traded down $0.04 during trading on Friday, reaching $19.43. The company’s stock had a trading volume of 99,506 shares, compared to its average volume of 80,812. Eaton Vance Enhanced Equity Income Fund has a 1-year low of $14.36 and a 1-year high of $19.70. The company has a 50-day simple moving average of $18.54 and a two-hundred day simple moving average of $17.84.

Eaton Vance Enhanced Equity Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 21st were given a $0.134 dividend. This is a boost from Eaton Vance Enhanced Equity Income Fund’s previous monthly dividend of $0.13. The ex-dividend date was Friday, June 21st. This represents a $1.61 dividend on an annualized basis and a dividend yield of 8.28%.

About Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.