Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Short Interest Up 41.9% in January

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 14,935 shares, a growth of 41.9% from the December 31st total of 10,525 shares. Based on an average daily volume of 251,914 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 251,914 shares, the short-interest ratio is currently 0.1 days.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Down 0.1%

Eaton Vance Tax-Managed Diversified Equity Income Fund stock opened at $15.26 on Friday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12-month low of $11.82 and a 12-month high of $16.03. The firm’s fifty day moving average price is $15.36 and its 200 day moving average price is $15.58.

Eaton Vance Tax-Managed Diversified Equity Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a $0.0992 dividend. The ex-dividend date was Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 7.8%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Summit Investment Advisors Inc. grew its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 8.4% in the 1st quarter. Summit Investment Advisors Inc. now owns 32,387 shares of the investment management company’s stock worth $462,000 after acquiring an additional 2,520 shares in the last quarter. Assetmark Inc. raised its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 68.3% during the 2nd quarter. Assetmark Inc. now owns 3,325 shares of the investment management company’s stock valued at $51,000 after acquiring an additional 1,349 shares in the last quarter. L.M. Kohn & Company increased its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 33.1% during the second quarter. L.M. Kohn & Company now owns 18,964 shares of the investment management company’s stock valued at $293,000 after purchasing an additional 4,720 shares during the last quarter. Transcend Capital Advisors LLC acquired a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the second quarter worth $161,000. Finally, International Assets Investment Management LLC lifted its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.5% in the 2nd quarter. International Assets Investment Management LLC now owns 41,415 shares of the investment management company’s stock worth $641,000 after buying an additional 1,800 shares during the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.