Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Sees Large Growth in Short Interest

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 91,133 shares, a growth of 147.1% from the March 15th total of 36,884 shares. Based on an average daily trading volume, of 108,987 shares, the short-interest ratio is currently 0.8 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

NYSE:EVT opened at $25.51 on Tuesday. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $20.56 and a 52-week high of $26.65. The stock has a fifty day moving average of $25.42 and a 200 day moving average of $24.96.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $0.1646 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a c) annualized dividend and a yield of 7.7%.

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

Large investors have recently added to or reduced their stakes in the business. First Horizon Corp bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the fourth quarter valued at $25,000. Oakworth Capital Inc. bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the fourth quarter worth about $25,000. Garton & Associates Financial Advisors LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the fourth quarter worth about $51,000. Advisory Services Network LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the third quarter worth about $51,000. Finally, Blue Bell Private Wealth Management LLC lifted its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 247.9% during the third quarter. Blue Bell Private Wealth Management LLC now owns 3,131 shares of the closed-end fund’s stock worth $77,000 after purchasing an additional 2,231 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

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.