Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 17,900 shares, an increase of 88.4% from the October 31st total of 9,500 shares. Based on an average trading volume of 23,400 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Large investors have recently added to or reduced their stakes in the company. Cornerstone Advisors LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 15.0% in the second quarter. Cornerstone Advisors LLC now owns 353,941 shares of the investment management company’s stock worth $9,025,000 after purchasing an additional 46,186 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 192,830 shares of the investment management company’s stock worth $5,118,000 after buying an additional 11,350 shares during the period. International Assets Investment Management LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 3rd quarter worth approximately $3,287,000. Wealth Enhancement Advisory Services LLC grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 69,081 shares of the investment management company’s stock worth $1,833,000 after buying an additional 1,112 shares during the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the third quarter worth $1,390,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

ETO stock traded up $0.04 during midday trading on Thursday, hitting $25.86. The company had a trading volume of 38,504 shares, compared to its average volume of 26,203. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 52 week low of $22.27 and a 52 week high of $27.00. The stock’s 50 day moving average price is $25.99 and its 200 day moving average price is $25.65.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a dividend of $0.1733 per share. This is a positive change from Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund’s previous monthly dividend of $0.17. This represents a $2.08 dividend on an annualized basis and a yield of 8.04%. The ex-dividend date of this dividend is Thursday, November 21st.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.