Short Interest in Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Grows By 147.8%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 282,975 shares, an increase of 147.8% from the May 31st total of 114,214 shares. Based on an average daily trading volume, of 162,580 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC raised its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% during the 4th quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,000 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter worth about $36,000. Axiom Investment Management LLC acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 1st quarter worth about $50,000. Main Street Group LTD purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 1st quarter worth approximately $65,000. Finally, Olistico Wealth LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 4th quarter worth approximately $92,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Up 0.5%

Shares of NYSE:ETV traded up $0.07 during midday trading on Wednesday, reaching $14.96. 52,267 shares of the company’s stock traded hands, compared to its average volume of 194,109. The company has a fifty day simple moving average of $14.65 and a two-hundred day simple moving average of $14.45. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1 year low of $13.13 and a 1 year high of $14.99.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were given a dividend of $0.0993 per share. The ex-dividend date was Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 8.0%.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.