Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Sees Large Growth in Short Interest


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Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 127,400 shares, a growth of 44.6% from the March 15th total of 88,100 shares. Based on an average daily volume of 331,100 shares, the short-interest ratio is presently 0.4 days.

ETW traded down $0.12 during trading on Friday, hitting $10.61. The company’s stock had a trading volume of 578,730 shares, compared to its average volume of 338,278. The firm’s 50 day moving average price is $10.17 and its 200-day moving average price is $9.56. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a twelve month low of $7.60 and a twelve month high of $10.77.

The firm also recently declared a monthly dividend, which will be paid on Friday, April 30th. Shareholders of record on Friday, April 23rd will be issued a $0.0727 dividend. The ex-dividend date of this dividend is Thursday, April 22nd. This represents a $0.87 annualized dividend and a yield of 8.22%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. HighTower Advisors LLC raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 3.7% in the 4th quarter. HighTower Advisors LLC now owns 42,566 shares of the company’s stock valued at $412,000 after acquiring an additional 1,532 shares during the last quarter. Centaurus Financial Inc. raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 15.5% in the 4th quarter. Centaurus Financial Inc. now owns 22,938 shares of the company’s stock valued at $222,000 after acquiring an additional 3,086 shares during the last quarter. Rothschild Investment Corp IL raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 9.9% in the 1st quarter. Rothschild Investment Corp IL now owns 34,472 shares of the company’s stock valued at $356,000 after acquiring an additional 3,100 shares during the last quarter. Equitable Holdings Inc. raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.8% in the 4th quarter. Equitable Holdings Inc. now owns 38,929 shares of the company’s stock valued at $377,000 after acquiring an additional 3,155 shares during the last quarter. Finally, Fieldpoint Private Securities LLC acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 4th quarter valued at $32,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.

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