Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Increases By 103.6%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETOGet Rating) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 5,700 shares, a growth of 103.6% from the April 30th total of 2,800 shares. Based on an average trading volume of 56,100 shares, the days-to-cover ratio is presently 0.1 days.

Shares of ETO stock traded up $0.62 during mid-day trading on Friday, reaching $24.96. The stock had a trading volume of 30,730 shares, compared to its average volume of 52,167. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $22.52 and a 12-month high of $34.68. The business has a 50-day simple moving average of $26.67 and a 200 day simple moving average of $29.23.

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Tuesday, May 24th will be given a $0.179 dividend. This represents a $2.15 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date of this dividend is Monday, May 23rd.

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, insider Keith Quinton acquired 2,000 shares of the business’s stock in a transaction on Tuesday, March 29th. The stock was purchased at an average price of $30.24 per share, for a total transaction of $60,480.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Several hedge funds have recently made changes to their positions in ETO. Ahrens Investment Partners LLC increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 457.7% in the first quarter. Ahrens Investment Partners LLC now owns 166,273 shares of the investment management company’s stock valued at $5,010,000 after buying an additional 136,457 shares in the last quarter. David J Yvars Group acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter valued at $139,000. Formidable Asset Management LLC boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 797.7% during the first quarter. Formidable Asset Management LLC now owns 92,018 shares of the investment management company’s stock valued at $2,773,000 after acquiring an additional 81,768 shares during the last quarter. Stonegate Investment Group LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter valued at $649,000. Finally, First Trust Advisors LP boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 13.8% during the first quarter. First Trust Advisors LP now owns 130,149 shares of the investment management company’s stock valued at $3,124,000 after acquiring an additional 15,797 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile (Get Rating)

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.

Featured Stories

Receive News & Ratings for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.