Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 36,884 shares, an increase of 39.6% from the February 26th total of 26,421 shares. Based on an average daily volume of 104,499 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of EVT. Founders Financial Alliance LLC grew its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 1.6% in the third quarter. Founders Financial Alliance LLC now owns 35,667 shares of the closed-end fund’s stock valued at $872,000 after purchasing an additional 559 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 5.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 12,146 shares of the closed-end fund’s stock worth $297,000 after purchasing an additional 579 shares in the last quarter. 1776 Wealth LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 0.8% during the 4th quarter. 1776 Wealth LLC now owns 76,286 shares of the closed-end fund’s stock valued at $1,921,000 after buying an additional 636 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 5.9% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 12,191 shares of the closed-end fund’s stock valued at $298,000 after buying an additional 680 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 7.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 11,349 shares of the closed-end fund’s stock valued at $286,000 after buying an additional 794 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Down 1.2%

Eaton Vance Tax-Advantaged Dividend Income Fund stock opened at $23.78 on Friday. The firm’s 50 day moving average price is $25.60 and its two-hundred day moving average price is $24.91. Eaton Vance Tax-Advantaged Dividend Income Fund has a twelve month low of $19.20 and a twelve month high of $26.65.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.1646 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.