Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) Shares Shorted: Short Interest Up 47.0% in September

Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 16,359 shares, a growth of 47.0% from the August 31st total of 11,128 shares. Based on an average daily volume of 154,514 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund II

Several institutional investors have recently added to or reduced their stakes in EOS. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Eaton Vance Enhanced Equity Income Fund II by 7.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,166 shares of the company’s stock valued at $290,000 after buying an additional 965 shares during the last quarter. Roman Butler Fullerton & Co. lifted its position in Eaton Vance Enhanced Equity Income Fund II by 1.3% in the first quarter. Roman Butler Fullerton & Co. now owns 84,705 shares of the company’s stock valued at $1,804,000 after acquiring an additional 1,085 shares during the last quarter. Harbour Investments Inc. boosted its stake in Eaton Vance Enhanced Equity Income Fund II by 34.6% in the fourth quarter. Harbour Investments Inc. now owns 5,844 shares of the company’s stock valued at $137,000 after acquiring an additional 1,502 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Eaton Vance Enhanced Equity Income Fund II by 7.1% in the first quarter. NewEdge Advisors LLC now owns 28,008 shares of the company’s stock valued at $573,000 after acquiring an additional 1,861 shares in the last quarter. Finally, Parallel Advisors LLC purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II during the first quarter worth about $41,000.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

Shares of NYSE EOS traded up $0.06 during mid-day trading on Friday, reaching $21.36. 93,445 shares of the company’s stock were exchanged, compared to its average volume of 130,835. The company’s 50-day moving average is $21.49 and its 200-day moving average is $21.72. Eaton Vance Enhanced Equity Income Fund II has a 52-week low of $19.44 and a 52-week high of $24.35.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be given a dividend of $0.1523 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.83 dividend on an annualized basis and a dividend yield of 8.6%.

Eaton Vance Enhanced Equity Income Fund II Company Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.