Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) Stock Short Interest Jumps 228.5%

Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 10,752 shares, an increase of 228.5% from the September 30th total of 3,273 shares. Based on an average daily volume of 158,451 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

Several large investors have recently bought and sold shares of EOS. Blue Bell Private Wealth Management LLC boosted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 65.4% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 6,322 shares of the company’s stock valued at $135,000 after purchasing an additional 2,500 shares during the period. Lynx Investment Advisory lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 7.2% in the third quarter. Lynx Investment Advisory now owns 49,323 shares of the company’s stock valued at $1,051,000 after purchasing an additional 3,327 shares during the period. Roman Butler Fullerton & Co. acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund II in the 3rd quarter worth approximately $1,850,000. Oppenheimer & Co. Inc. boosted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 9.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 49,574 shares of the company’s stock worth $1,056,000 after buying an additional 4,456 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 3.4% during the 3rd quarter. Park Avenue Securities LLC now owns 91,331 shares of the company’s stock worth $1,945,000 after purchasing an additional 3,000 shares in the last quarter.

Eaton Vance Enhanced Equity Income Fund II Stock Down 2.3%

Shares of EOS traded down $0.47 during mid-day trading on Friday, hitting $20.29. 106,246 shares of the company were exchanged, compared to its average volume of 133,625. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $19.44 and a 1-year high of $24.03. The company has a 50 day moving average of $21.24 and a 200-day moving average of $21.75.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a $0.1523 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.83 dividend on an annualized basis and a yield of 9.0%.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.