Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Sees Significant Growth in Short Interest

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 133,100 shares, a growth of 107.0% from the January 31st total of 64,300 shares. Based on an average daily volume of 308,800 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of NYSE:ETW opened at $8.52 on Monday. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 1-year low of $7.63 and a 1-year high of $8.74. The business has a 50-day moving average price of $8.53 and a two-hundred day moving average price of $8.51.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a dividend of $0.0664 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.80 annualized dividend and a yield of 9.36%.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

A number of institutional investors and hedge funds have recently modified their holdings of ETW. Roman Butler Fullerton & Co. lifted its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1.7% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 207,749 shares of the company’s stock valued at $1,789,000 after purchasing an additional 3,504 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 3rd quarter worth $67,000. Pathstone Holdings LLC increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 52.1% during the 3rd quarter. Pathstone Holdings LLC now owns 998,581 shares of the company’s stock worth $8,669,000 after buying an additional 342,202 shares during the period. Penserra Capital Management LLC bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 3rd quarter worth $4,608,000. Finally, Centaurus Financial Inc. increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.4% during the 3rd quarter. Centaurus Financial Inc. now owns 45,307 shares of the company’s stock worth $393,000 after buying an additional 2,741 shares during the period.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.