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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 206,500 shares, a drop of 20.3% from the November 15th total of 259,000 shares. Based on an average daily volume of 341,500 shares, the days-to-cover ratio is currently 0.6 days.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Down 0.3 %

Shares of ETW traded down $0.03 during midday trading on Friday, reaching $8.60. The stock had a trading volume of 213,163 shares, compared to its average volume of 310,077. The firm’s 50 day moving average price is $8.57 and its 200-day moving average price is $8.39. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund has a 52 week low of $7.63 and a 52 week high of $8.72.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.0664 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Monday, December 23rd.

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

Several large investors have recently made changes to their positions in the business. Ashton Thomas Securities LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter worth approximately $67,000. Asset Dedication LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the second quarter valued at $121,000. Sensible Money LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the second quarter worth about $121,000. Sykon Capital LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the second quarter worth approximately $124,000. Finally, L.M. Kohn & Company acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the third quarter valued at approximately $125,000.

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.