Short Interest in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Rises By 86.7%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 133,700 shares, an increase of 86.7% from the February 28th total of 71,600 shares. Based on an average daily trading volume, of 321,500 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of ETW opened at $8.24 on Monday. The stock’s 50-day moving average price is $8.49 and its 200 day moving average price is $8.51. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 12-month low of $7.63 and a 12-month high of $8.74.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.0664 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.80 annualized dividend and a yield of 9.68%.

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

Several institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1,093.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,643 shares of the company’s stock valued at $40,000 after acquiring an additional 4,254 shares in the last quarter. Investment Planning Advisors Inc. boosted its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.7% during the fourth quarter. Investment Planning Advisors Inc. now owns 184,303 shares of the company’s stock valued at $1,552,000 after purchasing an additional 1,246 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 577,856 shares of the company’s stock valued at $4,866,000 after purchasing an additional 2,030 shares during the period. Atomi Financial Group Inc. grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.1% in the 4th quarter. Atomi Financial Group Inc. now owns 52,768 shares of the company’s stock valued at $444,000 after purchasing an additional 3,490 shares during the period. Finally, Annex Advisory Services LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 4th quarter worth approximately $202,000.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.