Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Increases By 106.5%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 22,300 shares, an increase of 106.5% from the February 28th total of 10,800 shares. Based on an average trading volume of 27,000 shares, the short-interest ratio is currently 0.8 days.

Insider Activity

In other news, Portfolio Manager Derek Digregorio purchased 980 shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average cost of $25.98 per share, for a total transaction of $25,460.40. Following the acquisition, the portfolio manager now directly owns 980 shares in the company, valued at $25,460.40. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Keith Quinton purchased 5,000 shares of the stock in a transaction that occurred on Thursday, February 20th. The stock was purchased at an average cost of $26.10 per share, with a total value of $130,500.00. Following the purchase, the insider now owns 6,000 shares in the company, valued at $156,600. This represents a 500.00 % increase in their position. The disclosure for this purchase can be found here.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC boosted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock valued at $263,000 after purchasing an additional 5,610 shares during the period. Bank of New York Mellon Corp bought a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter valued at about $313,000. Cetera Investment Advisers increased its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% during the fourth quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock valued at $319,000 after acquiring an additional 877 shares during the period. Envestnet Asset Management Inc. raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock valued at $378,000 after acquiring an additional 2,141 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 9.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 17,252 shares of the investment management company’s stock worth $434,000 after acquiring an additional 1,556 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock traded down $0.37 on Friday, reaching $24.73. The stock had a trading volume of 22,101 shares, compared to its average volume of 25,988. The business’s 50-day moving average price is $25.59 and its two-hundred day moving average price is $25.78. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a fifty-two week low of $23.50 and a fifty-two week high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a dividend of $0.1733 per share. This represents a $2.08 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date is Friday, March 14th.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.