Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Declines By 40.4%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 23,091 shares, a decrease of 40.4% from the December 31st total of 38,728 shares. Based on an average daily volume of 123,243 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 123,243 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds have recently bought and sold shares of EVT. Founders Financial Alliance LLC increased its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 1.6% during the 3rd quarter. Founders Financial Alliance LLC now owns 35,667 shares of the closed-end fund’s stock worth $872,000 after purchasing an additional 559 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 12,146 shares of the closed-end fund’s stock worth $297,000 after acquiring an additional 579 shares during the period. Concurrent Investment Advisors LLC increased its position in 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 purchasing an additional 680 shares during the period. Comerica Bank raised its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 9.9% during the third quarter. Comerica Bank now owns 9,140 shares of the closed-end fund’s stock worth $223,000 after buying an additional 826 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 2.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 48,380 shares of the closed-end fund’s stock worth $1,166,000 after acquiring an additional 935 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.4%

EVT traded up $0.11 during trading hours on Friday, reaching $25.98. The company’s stock had a trading volume of 175,907 shares, compared to its average volume of 119,860. The company’s 50-day moving average is $25.01 and its 200-day moving average is $24.49. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52 week low of $19.20 and a 52 week high of $25.99.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a dividend of $0.1646 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 7.6%.

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.