Short Interest in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Drops By 46.2%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 71,600 shares, a decrease of 46.2% from the February 13th total of 133,100 shares. Based on an average trading volume of 313,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1,093.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,643 shares of the company’s stock worth $40,000 after purchasing an additional 4,254 shares during the last quarter. Barrett & Company Inc. increased its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 193.3% during the 4th quarter. Barrett & Company Inc. now owns 6,600 shares of the company’s stock worth $54,000 after purchasing an additional 4,350 shares during the last quarter. Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 4th quarter worth $59,000. Elequin Capital LP acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 4th quarter worth $65,000. Finally, Sagespring Wealth Partners LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 4th quarter worth $86,000.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 0.4 %

ETW stock traded up $0.04 during midday trading on Friday, reaching $8.28. The company had a trading volume of 233,199 shares, compared to its average volume of 320,322. 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 company has a 50 day moving average of $8.51 and a two-hundred day moving average of $8.51.

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

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0664 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.80 dividend on an annualized basis and a yield of 9.63%.

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.