Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Short Interest Update

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 61,700 shares, an increase of 181.7% from the January 15th total of 21,900 shares. Based on an average daily trading volume, of 82,100 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Eaton Vance Enhanced Equity Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Huntington National Bank boosted its position in shares of Eaton Vance Enhanced Equity Income Fund by 165,000.0% in the fourth quarter. Huntington National Bank now owns 1,651 shares of the company’s stock worth $34,000 after purchasing an additional 1,650 shares during the period. Farther Finance Advisors LLC bought a new position in Eaton Vance Enhanced Equity Income Fund in the 4th quarter worth about $98,000. Fortitude Family Office LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund in the third quarter worth about $96,000. JPMorgan Chase & Co. increased its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 100.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,200 shares of the company’s stock valued at $125,000 after acquiring an additional 3,111 shares during the period. Finally, Sunbelt Securities Inc. boosted its stake in Eaton Vance Enhanced Equity Income Fund by 8.3% in the third quarter. Sunbelt Securities Inc. now owns 8,594 shares of the company’s stock valued at $174,000 after acquiring an additional 656 shares in the last quarter.

Eaton Vance Enhanced Equity Income Fund Trading Up 0.4 %

Shares of NYSE:EOI traded up $0.09 on Wednesday, hitting $21.08. The company had a trading volume of 113,049 shares, compared to its average volume of 83,134. The firm’s 50-day simple moving average is $21.04 and its two-hundred day simple moving average is $20.30. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $17.10 and a 1 year high of $22.10.

Eaton Vance Enhanced Equity Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.1338 per share. This represents a $1.61 annualized dividend and a dividend yield of 7.62%. The ex-dividend date is Friday, February 14th.

About Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.