Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 38,400 shares, an increase of 61.3% from the October 15th total of 23,800 shares. Based on an average daily trading volume, of 105,900 shares, the days-to-cover ratio is currently 0.4 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Down 0.6 %

NYSE EVT opened at $25.04 on Friday. The firm’s fifty day moving average price is $24.43 and its two-hundred day moving average price is $23.89. Eaton Vance Tax-Advantaged Dividend Income Fund has a fifty-two week low of $20.34 and a fifty-two week high of $25.33.

Eaton Vance Tax-Advantaged Dividend Income Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.1646 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.98 annualized dividend and a dividend yield of 7.89%.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Institutional investors have recently modified their holdings of the business. Private Advisor Group LLC boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 9.2% during the second quarter. Private Advisor Group LLC now owns 171,048 shares of the closed-end fund’s stock valued at $3,984,000 after acquiring an additional 14,411 shares during the last quarter. Calamos Advisors LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the second quarter valued at $235,000. Wealth Enhancement Advisory Services LLC boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 7.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 162,227 shares of the closed-end fund’s stock valued at $3,778,000 after acquiring an additional 11,487 shares during the last quarter. Comerica Bank boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 56.3% during the first quarter. Comerica Bank now owns 10,273 shares of the closed-end fund’s stock valued at $242,000 after acquiring an additional 3,700 shares during the last quarter. Finally, Cetera Investment Advisers bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the first quarter valued at $1,963,000.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.