Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Short Interest Update

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 35,542 shares, a decline of 43.8% from the April 15th total of 63,219 shares. Based on an average trading volume of 141,454 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Risk-Managed Diversified Equity Income Fund

A number of institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. grew its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 5.9% during the 3rd quarter. Raymond James Financial Inc. now owns 1,810,277 shares of the company’s stock worth $16,274,000 after acquiring an additional 101,577 shares during the period. Osaic Holdings Inc. grew its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.2% during the 4th quarter. Osaic Holdings Inc. now owns 1,229,160 shares of the company’s stock worth $10,841,000 after acquiring an additional 38,595 shares during the period. Guggenheim Capital LLC grew its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 20.4% during the 4th quarter. Guggenheim Capital LLC now owns 1,088,860 shares of the company’s stock worth $9,604,000 after acquiring an additional 184,721 shares during the period. Invesco Ltd. boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 12.8% during the third quarter. Invesco Ltd. now owns 1,028,897 shares of the company’s stock worth $9,250,000 after purchasing an additional 116,366 shares in the last quarter. Finally, Cornerstone Advisors LLC boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 11.0% during the third quarter. Cornerstone Advisors LLC now owns 969,417 shares of the company’s stock worth $8,715,000 after purchasing an additional 96,049 shares in the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

ETJ traded down $0.17 during trading on Friday, reaching $8.30. 100,250 shares of the company’s stock were exchanged, compared to its average volume of 163,697. The company’s fifty day moving average price is $8.35 and its 200-day moving average price is $8.64. Eaton Vance Risk-Managed Diversified Equity Income Fund has a fifty-two week low of $7.88 and a fifty-two week high of $9.11.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.0651 per share. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.