Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Drops By 32.6%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 57,200 shares, a decline of 32.6% from the December 15th total of 84,900 shares. Based on an average daily trading volume, of 170,600 shares, the short-interest ratio is presently 0.3 days.

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

Shares of NYSE:ETV traded up $0.03 during trading on Wednesday, reaching $14.27. The company had a trading volume of 188,320 shares, compared to its average volume of 268,767. The company has a fifty day moving average of $14.30 and a two-hundred day moving average of $13.82. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 12 month low of $11.82 and a 12 month high of $14.63.

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

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.0993 per share. This represents a $1.19 annualized dividend and a yield of 8.35%. The ex-dividend date of this dividend is Wednesday, January 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Institutional investors have recently modified their holdings of the company. Private Advisor Group LLC grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 151.4% during the third quarter. Private Advisor Group LLC now owns 148,508 shares of the financial services provider’s stock valued at $2,049,000 after acquiring an additional 89,430 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 2nd quarter valued at about $256,000. NBC Securities Inc. grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 15.1% during the 3rd quarter. NBC Securities Inc. now owns 28,281 shares of the financial services provider’s stock worth $390,000 after acquiring an additional 3,706 shares during the last quarter. Summit Investment Advisory Services LLC bought a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 3rd quarter worth approximately $224,000. Finally, Stableford Capital II LLC increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.3% in the 3rd quarter. Stableford Capital II LLC now owns 36,303 shares of the financial services provider’s stock worth $506,000 after purchasing an additional 1,150 shares during the period.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.