Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Stock Short Interest Report for September

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 63,537 shares, a decrease of 66.5% from the September 15th total of 189,876 shares. Based on an average daily trading volume, of 140,904 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Eaton Vance Risk-Managed Diversified Equity Income Fund

Large investors have recently modified their holdings of the stock. Baird Financial Group Inc. raised its position in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.4% in the 2nd quarter. Baird Financial Group Inc. now owns 36,296 shares of the company’s stock worth $300,000 after purchasing an additional 1,195 shares during the period. Ameritas Advisory Services LLC boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 17.0% during the second quarter. Ameritas Advisory Services LLC now owns 16,878 shares of the company’s stock valued at $140,000 after buying an additional 2,450 shares during the period. First Heartland Consultants Inc. boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.1% during the second quarter. First Heartland Consultants Inc. now owns 129,146 shares of the company’s stock valued at $1,068,000 after buying an additional 3,905 shares during the period. CoreCap Advisors LLC grew its stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 39.8% during the second quarter. CoreCap Advisors LLC now owns 7,025 shares of the company’s stock valued at $58,000 after buying an additional 2,000 shares during the last quarter. Finally, Western Wealth Management LLC grew its stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 5.6% during the first quarter. Western Wealth Management LLC now owns 25,915 shares of the company’s stock valued at $212,000 after buying an additional 1,367 shares during the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Down 0.2%

NYSE ETJ traded down $0.02 during trading hours on Monday, hitting $8.22. 141,765 shares of the company were exchanged, compared to its average volume of 148,286. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52 week low of $7.88 and a 52 week high of $9.01. The stock has a 50-day moving average price of $8.35 and a 200 day moving average price of $8.35.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be issued a $0.0651 dividend. The ex-dividend date is Thursday, October 15th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 9.5%.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end investment fund managed by Eaton Vance Management, a Morgan Stanley Investment Management affiliate. The fund seeks to provide current income and capital appreciation through a diversified portfolio of equity securities.

The fund primarily invests in common stocks of U.S. companies across multiple industries and uses an options-based strategy as part of its portfolio management. In particular, it may write call options on individual securities or equity indexes to generate income and help manage downside risk, although this approach can also limit some potential gains.

ETJ was established as part of Eaton Vance’s family of closed-end funds and is designed for investors seeking equity-market exposure combined with an income-oriented, risk-managed strategy.