Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Sees Significant Growth in Short Interest

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 94,500 shares, an increase of 35.4% from the August 31st total of 69,800 shares. Based on an average daily trading volume, of 389,300 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

A number of hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 7.5% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 33,335 shares of the company’s stock worth $259,000 after purchasing an additional 2,334 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.9% in the 1st quarter. International Assets Investment Management LLC now owns 110,559 shares of the company’s stock valued at $901,000 after buying an additional 9,070 shares during the last quarter. Financial Synergies Wealth Advisors Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the first quarter valued at about $64,000. Integrated Capital Management Inc. raised its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.6% during the first quarter. Integrated Capital Management Inc. now owns 25,949 shares of the company’s stock worth $213,000 after acquiring an additional 2,065 shares during the last quarter. Finally, Capital CS Group LLC lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 17.3% in the first quarter. Capital CS Group LLC now owns 25,770 shares of the company’s stock worth $211,000 after acquiring an additional 3,806 shares during the period.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 1.6 %

Shares of NYSE:ETW traded up $0.14 during trading on Friday, hitting $8.63. 1,519,985 shares of the company were exchanged, compared to its average volume of 311,098. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 1-year low of $6.96 and a 1-year high of $8.64. The business’s 50 day moving average is $8.27 and its 200-day moving average is $8.20.

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

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be given a $0.0664 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $0.80 annualized dividend and a yield of 9.23%.

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.