Short Interest in Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Decreases By 6.3%

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) saw a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 62,100 shares, a decrease of 6.3% from the October 31st total of 66,300 shares. Based on an average daily volume of 87,700 shares, the days-to-cover ratio is currently 0.7 days.

Eaton Vance Enhanced Equity Income Fund Stock Performance

Shares of NYSE EOI traded up $0.19 during mid-day trading on Tuesday, reaching $21.69. 80,992 shares of the company were exchanged, compared to its average volume of 82,854. Eaton Vance Enhanced Equity Income Fund has a twelve month low of $15.78 and a twelve month high of $21.94. The company’s 50-day simple moving average is $20.51 and its 200-day simple moving average is $19.60.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.1338 dividend. This represents a $1.61 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund

Institutional investors have recently bought and sold shares of the business. Cetera Advisors LLC bought a new position in Eaton Vance Enhanced Equity Income Fund in the first quarter valued at approximately $305,000. Warther Private Wealth LLC bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the 2nd quarter worth $266,000. Roman Butler Fullerton & Co. grew its position in Eaton Vance Enhanced Equity Income Fund by 3.5% in the second quarter. Roman Butler Fullerton & Co. now owns 182,712 shares of the company’s stock valued at $3,665,000 after acquiring an additional 6,114 shares during the last quarter. OxenFree Capital LLC raised its stake in Eaton Vance Enhanced Equity Income Fund by 6.7% during the second quarter. OxenFree Capital LLC now owns 80,700 shares of the company’s stock worth $1,568,000 after acquiring an additional 5,047 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 0.8% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 455,571 shares of the company’s stock worth $8,852,000 after acquiring an additional 3,554 shares during the last quarter.

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.