Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Up 94.0% in April

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 89,321 shares, a growth of 94.0% from the April 15th total of 46,045 shares. Based on an average daily volume of 163,819 shares, the short-interest ratio is presently 0.5 days.

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

A number of large investors have recently modified their holdings of ETV. 1607 Capital Partners LLC purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 3rd quarter worth $1,191,000. Sharpepoint LLC raised its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 5.0% in the third quarter. Sharpepoint LLC now owns 166,314 shares of the financial services provider’s stock valued at $2,370,000 after buying an additional 7,984 shares in the last quarter. Texas Capital Bank Wealth Management Services Inc lifted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 22.4% during the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 134,630 shares of the financial services provider’s stock worth $1,918,000 after buying an additional 24,611 shares during the last quarter. Texas Capital Bancshares Inc TX purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 3rd quarter worth about $325,000. Finally, Cresset Asset Management LLC boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.1% during the 3rd quarter. Cresset Asset Management LLC now owns 87,146 shares of the financial services provider’s stock worth $1,242,000 after acquiring an additional 1,832 shares in the last quarter.

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

Shares of ETV traded down $0.30 during midday trading on Friday, hitting $14.40. The company had a trading volume of 191,242 shares, compared to its average volume of 203,221. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1 year low of $13.10 and a 1 year high of $14.83. The company’s 50-day simple moving average is $14.21 and its 200-day simple moving average is $14.36.

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

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.0993 dividend. The ex-dividend date is Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.