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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 38,728 shares, an increase of 85.4% from the December 15th total of 20,885 shares. Based on an average daily volume of 113,635 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 113,635 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of Eaton Vance Tax-Advantaged Dividend Income Fund stock traded down $0.13 on Thursday, hitting $25.65. 99,916 shares of the company traded hands, compared to its average volume of 122,561. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12-month low of $19.20 and a 12-month high of $25.92. The firm’s 50-day simple moving average is $24.62 and its 200 day simple moving average is $24.38.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be issued a $0.1646 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Thursday, January 15th.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of EVT. Advisory Services Network LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter worth approximately $51,000. Ameritas Advisory Services LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the second quarter worth $65,000. Blue Bell Private Wealth Management LLC boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 247.9% during the third quarter. Blue Bell Private Wealth Management LLC now owns 3,131 shares of the closed-end fund’s stock valued at $77,000 after buying an additional 2,231 shares during the period. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the fourth quarter valued at about $153,000. Finally, Newbridge Financial Services Group Inc. purchased a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the second quarter worth about $176,000.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.