Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 8,205 shares, an increase of 192.2% from the June 30th total of 2,808 shares. Based on an average trading volume of 41,196 shares, the days-to-cover ratio is currently 0.2 days.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 0.3%

NYSE:ETB traded up $0.04 during midday trading on Tuesday, reaching $15.30. 26,514 shares of the stock traded hands, compared to its average volume of 51,738. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12-month low of $13.86 and a 12-month high of $15.72. The business has a 50-day moving average of $15.38 and a two-hundred day moving average of $15.24.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.1058 per share. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Wednesday, July 15th.

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

Institutional investors have recently made changes to their positions in the business. WCG Wealth Advisors LLC increased its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 2.2% during the 3rd quarter. WCG Wealth Advisors LLC now owns 38,596 shares of the financial services provider’s stock valued at $579,000 after buying an additional 827 shares in the last quarter. MML Investors Services LLC boosted its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 2.8% in the fourth quarter. MML Investors Services LLC now owns 31,148 shares of the financial services provider’s stock worth $476,000 after acquiring an additional 856 shares in the last quarter. Gould Capital LLC boosted its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 16.9% in the second quarter. Gould Capital LLC now owns 7,426 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 1,073 shares in the last quarter. Wolverine Asset Management LLC grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.7% during the fourth quarter. Wolverine Asset Management LLC now owns 31,000 shares of the financial services provider’s stock worth $473,000 after acquiring an additional 1,674 shares during the last quarter. Finally, PMG Family Office LLC grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 2.3% during the first quarter. PMG Family Office LLC now owns 76,140 shares of the financial services provider’s stock worth $1,098,000 after acquiring an additional 1,678 shares during the last quarter.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.