Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Increases By 77.3%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 18,494 shares, a growth of 77.3% from the May 14th total of 10,432 shares. Based on an average daily volume of 47,880 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Silver Oak Securities Incorporated raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.3% during the 1st quarter. Silver Oak Securities Incorporated now owns 23,397 shares of the investment management company’s stock worth $624,000 after purchasing an additional 518 shares during the last quarter. PMG Family Office LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.6% during the 1st quarter. PMG Family Office LLC now owns 8,004 shares of the investment management company’s stock worth $213,000 after purchasing an additional 562 shares during the last quarter. Stifel Financial Corp raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.6% during the 4th quarter. Stifel Financial Corp now owns 43,993 shares of the investment management company’s stock worth $1,335,000 after purchasing an additional 689 shares during the last quarter. Harbour Investments Inc. bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 4th quarter worth about $26,000. Finally, Ameriprise Financial Inc. raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 57,999 shares of the investment management company’s stock worth $1,598,000 after purchasing an additional 1,219 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of NYSE:ETO traded up $0.10 during trading on Monday, hitting $30.73. 20,795 shares of the stock were exchanged, compared to its average volume of 39,541. The company’s fifty day simple moving average is $29.67 and its 200-day simple moving average is $29.40. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1-year low of $25.68 and a 1-year high of $31.26.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.1733 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.8%.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.