Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Sees Significant Increase in Short Interest

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 67,150 shares, a growth of 137.5% from the February 26th total of 28,278 shares. Based on an average daily volume of 183,311 shares, the short-interest ratio is currently 0.4 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

NYSE ETV opened at $13.90 on Thursday. The company’s 50 day moving average is $14.45 and its 200-day moving average is $14.34. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 12-month low of $10.64 and a 12-month high of $14.83.

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

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.0993 dividend. The ex-dividend date is Monday, March 16th. This represents a c) annualized dividend and a yield of 8.6%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Large investors have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter worth approximately $33,000. CoreCap Advisors LLC lifted its holdings 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 acquiring an additional 1,000 shares during the last quarter. CENTRAL TRUST Co purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the fourth quarter worth $36,000. Barrett & Company Inc. increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% in the third quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 1,100 shares during the last quarter. Finally, Laurel Wealth Advisors LLC raised its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1,287.0% during the second quarter. Laurel Wealth Advisors LLC now owns 5,548 shares of the financial services provider’s stock valued at $77,000 after purchasing an additional 5,148 shares in the last quarter.

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

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.