Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 233,253 shares, an increase of 56.0% from the August 15th total of 149,476 shares. Based on an average daily volume of 247,084 shares, the days-to-cover ratio is presently 0.9 days.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of ETW. 1607 Capital Partners LLC increased its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 262.3% in the 4th quarter. 1607 Capital Partners LLC now owns 1,452,913 shares of the company’s stock worth $13,396,000 after purchasing an additional 1,051,879 shares during the last quarter. Royal Bank of Canada grew its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.3% in the 1st quarter. Royal Bank of Canada now owns 972,894 shares of the company’s stock worth $8,542,000 after buying an additional 22,162 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 291,291 shares of the company’s stock valued at $2,686,000 after purchasing an additional 18,913 shares in the last quarter. Roman Butler Fullerton & Co. lifted its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.9% in the 1st quarter. Roman Butler Fullerton & Co. now owns 214,889 shares of the company’s stock worth $1,962,000 after acquiring an additional 1,985 shares during the period. Finally, Calamos Advisors LLC boosted its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock valued at $1,177,000 after purchasing an additional 15,960 shares in the last quarter.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Trading Up 0.4%
ETW stock traded up $0.04 during midday trading on Thursday, reaching $9.60. 232,987 shares of the company’s stock traded hands, compared to its average volume of 322,876. The business has a 50-day moving average price of $9.68 and a two-hundred day moving average price of $9.41. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a fifty-two week low of $8.46 and a fifty-two week high of $9.95.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Announces Dividend
About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.
The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.
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