Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Short Interest Declines 64.3%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 83,249 shares, a decrease of 64.3% from the August 31st total of 233,253 shares. Based on an average daily trading volume, of 283,199 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Down 0.9%

ETW traded down $0.09 on Monday, hitting $9.52. 280,159 shares of the company traded hands, compared to its average volume of 318,501. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 12-month low of $8.46 and a 12-month high of $9.95. The company has a 50 day moving average of $9.68 and a 200-day moving average of $9.42.

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

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a $0.0664 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 8.4%.

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

Several hedge funds and other institutional investors have recently made changes to their positions in ETW. Corient Private Wealth LP purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the second quarter worth about $111,000. Old Mission Investment Co LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 2nd quarter worth approximately $112,000. David J Yvars Group lifted its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 34.8% in the 2nd quarter. David J Yvars Group now owns 41,827 shares of the company’s stock valued at $403,000 after buying an additional 10,797 shares during the period. Howard Financial Services LTD. acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter valued at approximately $105,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the first quarter valued at approximately $88,000.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a diversified closed-end fund managed by Eaton Vance Management, a subsidiary of Morgan Stanley. The fund seeks to provide current income and gains, with capital appreciation as a secondary objective, through a globally diversified portfolio of equity securities.

The fund invests primarily in common stocks of companies located in the United States and other countries. It also follows a buy-write, or covered-call, strategy by writing call options on some of the stocks in its portfolio.