Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Short Interest Up 127.6% in January

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 130,200 shares, an increase of 127.6% from the December 31st total of 57,200 shares. Based on an average daily trading volume, of 189,200 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

A number of hedge funds have recently added to or reduced their stakes in ETV. Park Place Capital Corp bought a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the fourth quarter worth approximately $29,000. Princeton Global Asset Management LLC boosted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 84.5% in the third quarter. Princeton Global Asset Management LLC now owns 6,420 shares of the financial services provider’s stock worth $89,000 after purchasing an additional 2,941 shares in the last quarter. Kentucky Trust Co acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the fourth quarter worth $119,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the third quarter worth $174,000. Finally, Atria Wealth Solutions Inc. raised its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 16.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 12,166 shares of the financial services provider’s stock valued at $175,000 after buying an additional 1,738 shares in the last quarter.

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

Shares of NYSE ETV opened at $14.42 on Friday. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a one year low of $11.82 and a one year high of $14.64. The business’s 50-day moving average price is $14.35 and its two-hundred day moving average price is $13.88.

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

The company also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.0993 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.19 annualized dividend and a dividend yield of 8.26%.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.