Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large increase in short interest in the month of 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 daily volume of 27,000 shares, the days-to-cover ratio is currently 0.8 days.

Insider Activity

In related news, insider Keith Quinton bought 5,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of $26.10 per share, for a total transaction of $130,500.00. Following the transaction, the insider now owns 6,000 shares of the company’s stock, valued at $156,600. This represents a 500.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Portfolio Manager Derek Digregorio purchased 980 shares of the stock in a transaction dated Wednesday, February 26th. The stock was bought at an average cost of $25.98 per share, with a total value of $25,460.40. Following the completion of the purchase, the portfolio manager now owns 980 shares in the company, valued at $25,460.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

A number of large investors have recently made changes to their positions in the company. Steward Partners Investment Advisory LLC lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock worth $263,000 after acquiring an additional 5,610 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth about $313,000. Cetera Investment Advisers lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% during the 4th quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock valued at $319,000 after purchasing an additional 877 shares in the last quarter. Envestnet Asset Management Inc. lifted its position 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 boosted its stake in 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 purchasing an additional 1,556 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 1.5 %

NYSE ETO traded down $0.37 during trading on Friday, reaching $24.73. 22,101 shares of the stock traded hands, compared to its average volume of 25,988. 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. The stock’s 50-day moving average price is $25.59 and its 200 day moving average price is $25.78.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.1733 dividend. This represents a $2.08 annualized dividend and a dividend yield of 8.41%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

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.