Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 22,300 shares, an increase of 106.5% from the February 28th total of 10,800 shares. Based on an average daily trading volume, of 27,000 shares, the days-to-cover ratio is currently 0.8 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 1.5 %

Shares of ETO stock traded down $0.37 during midday trading on Friday, reaching $24.73. 22,101 shares of the company were exchanged, compared to its average volume of 25,988. The company’s 50 day moving average price is $25.59 and its two-hundred day moving average price is $25.78. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12 month low of $23.50 and a 12 month high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.1733 per share. The ex-dividend date is Friday, March 14th. This represents a $2.08 annualized dividend and a yield of 8.41%.

Insider Buying and Selling

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, Portfolio Manager Derek Digregorio purchased 980 shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of $25.98 per share, for a total transaction of $25,460.40. Following the transaction, the portfolio manager now owns 980 shares of the company’s stock, valued at $25,460.40. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Keith Quinton purchased 5,000 shares of the stock in a transaction dated Thursday, February 20th. The shares were acquired at an average cost of $26.10 per share, for a total transaction of $130,500.00. Following the completion of the acquisition, the insider now directly owns 6,000 shares of the company’s stock, valued at approximately $156,600. This trade represents a 500.00 % increase in their position. The disclosure for this purchase can be found here.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

A number of institutional investors have recently added to or reduced their stakes in ETO. Steward Partners Investment Advisory LLC raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock worth $263,000 after buying an additional 5,610 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth about $313,000. Cetera Investment Advisers raised its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% in the fourth quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock worth $319,000 after acquiring an additional 877 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock valued at $378,000 after acquiring an additional 2,141 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 9.9% during the 4th quarter. Silver Oak Securities Incorporated now owns 17,252 shares of the investment management company’s stock valued at $434,000 after purchasing an additional 1,556 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.