Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Short Interest Update

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 22,600 shares, a growth of 88.3% from the August 15th total of 12,000 shares. Based on an average daily trading volume, of 83,000 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund

A number of institutional investors have recently added to or reduced their stakes in EOI. Strategic Financial Concepts LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund during the 2nd quarter worth about $34,000. Sunbelt Securities Inc. lifted its holdings in Eaton Vance Enhanced Equity Income Fund by 32.2% during the 1st quarter. Sunbelt Securities Inc. now owns 2,338 shares of the company’s stock worth $43,000 after purchasing an additional 570 shares in the last quarter. Register Financial Advisors LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund during the 1st quarter worth about $128,000. Bryn Mawr Capital Management LLC lifted its holdings in Eaton Vance Enhanced Equity Income Fund by 857.9% during the 2nd quarter. Bryn Mawr Capital Management LLC now owns 12,500 shares of the company’s stock worth $240,000 after purchasing an additional 11,195 shares in the last quarter. Finally, Warther Private Wealth LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund during the 2nd quarter worth about $266,000.

Eaton Vance Enhanced Equity Income Fund Stock Up 0.7 %

Shares of NYSE EOI traded up $0.14 during trading on Friday, reaching $19.61. 68,523 shares of the stock traded hands, compared to its average volume of 82,297. Eaton Vance Enhanced Equity Income Fund has a 52-week low of $14.36 and a 52-week high of $20.16. The company has a 50-day moving average of $19.15 and a 200-day moving average of $18.71.

Eaton Vance Enhanced Equity Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 20th will be issued a dividend of $0.1338 per share. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.61 dividend on an annualized basis and a yield of 8.19%.

Eaton Vance Enhanced Equity Income Fund Company Profile

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.