Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Up 179.6% in February

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 176,700 shares, an increase of 179.6% from the January 31st total of 63,200 shares. Based on an average daily trading volume, of 203,900 shares, the days-to-cover ratio is presently 0.9 days.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mutual Advisors LLC boosted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.1% in the 3rd quarter. Mutual Advisors LLC now owns 121,894 shares of the financial services provider’s stock valued at $1,689,000 after purchasing an additional 1,284 shares during the last quarter. Balanced Wealth Group LLC lifted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 4.7% in the third quarter. Balanced Wealth Group LLC now owns 523,952 shares of the financial services provider’s stock valued at $7,221,000 after acquiring an additional 23,422 shares during the last quarter. Principal Securities Inc. grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.8% in the third quarter. Principal Securities Inc. now owns 530,957 shares of the financial services provider’s stock worth $7,327,000 after acquiring an additional 14,570 shares during the period. Focus Financial Network Inc. increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.8% during the third quarter. Focus Financial Network Inc. now owns 52,430 shares of the financial services provider’s stock worth $724,000 after acquiring an additional 1,935 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC raised its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 15.0% in the third quarter. Gladstone Institutional Advisory LLC now owns 31,585 shares of the financial services provider’s stock valued at $436,000 after purchasing an additional 4,127 shares during the period.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

NYSE ETV traded up $0.08 on Friday, reaching $14.18. 298,215 shares of the company were exchanged, compared to its average volume of 196,398. The business’s fifty day moving average price is $14.36 and its 200 day moving average price is $14.03. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a fifty-two week low of $11.82 and a fifty-two week high of $14.64.

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

The company also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.0993 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.19 annualized dividend and a dividend yield of 8.40%.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.