Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totaling 23,091 shares, a drop of 40.4% from the December 31st total of 38,728 shares. Based on an average daily volume of 123,243 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 123,243 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Eaton Vance Tax-Advantaged Dividend Income Fund stock remained flat at $25.87 during mid-day trading on Friday. The company’s stock had a trading volume of 69,322 shares, compared to its average volume of 113,502. The firm’s 50-day moving average is $24.96 and its two-hundred day moving average is $24.48. Eaton Vance Tax-Advantaged Dividend Income Fund has a one year low of $19.20 and a one year high of $25.99.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a dividend of $0.1646 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Focus Partners Wealth lifted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 53.9% during the first quarter. Focus Partners Wealth now owns 24,911 shares of the closed-end fund’s stock valued at $580,000 after acquiring an additional 8,721 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 2.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 48,380 shares of the closed-end fund’s stock valued at $1,166,000 after purchasing an additional 935 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 2nd quarter worth $65,000. Financial Security Advisor Inc. grew its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 9.1% during the 2nd quarter. Financial Security Advisor Inc. now owns 12,000 shares of the closed-end fund’s stock worth $289,000 after buying an additional 1,000 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 14.8% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 11,511 shares of the closed-end fund’s stock valued at $277,000 after buying an additional 1,480 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.