Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Short Interest Down 25.7% in May

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 103,900 shares, a decline of 25.7% from the May 15th total of 139,800 shares. Based on an average daily volume of 401,000 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Trading Down 0.8%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund stock opened at $8.32 on Thursday. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52 week low of $6.93 and a 52 week high of $8.74. The firm’s 50-day simple moving average is $8.21 and its 200 day simple moving average is $8.35.

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

The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be paid a $0.0664 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 9.58%. The ex-dividend date of this dividend is Monday, June 16th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. NBC Securities Inc. boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 106,625.0% in the first quarter. NBC Securities Inc. now owns 4,269 shares of the company’s stock worth $35,000 after acquiring an additional 4,265 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 4th quarter valued at $59,000. Elequin Capital LP acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 4th quarter worth $65,000. Sagespring Wealth Partners LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 4th quarter worth $86,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 1st quarter worth $86,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Company Profile

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.