Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Down 39.0% in April

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 32,027 shares, a drop of 39.0% from the April 15th total of 52,526 shares. Based on an average trading volume of 61,173 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Waverly Advisors LLC bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the first quarter worth approximately $172,000. Cetera Investment Advisers raised its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 2.5% in the first quarter. Cetera Investment Advisers now owns 302,650 shares of the financial services provider’s stock worth $4,364,000 after acquiring an additional 7,431 shares during the period. Quartz Partners LLC raised its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.6% during the 1st quarter. Quartz Partners LLC now owns 52,078 shares of the financial services provider’s stock valued at $751,000 after purchasing an additional 2,785 shares during the period. D.A. Davidson & CO. raised its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 10.6% during the 1st quarter. D.A. Davidson & CO. now owns 34,228 shares of the financial services provider’s stock valued at $494,000 after purchasing an additional 3,282 shares during the period. Finally, Fifth Third Bancorp bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 1st quarter valued at $214,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.3%

ETB traded up $0.05 during trading on Monday, hitting $15.12. The company’s stock had a trading volume of 56,066 shares, compared to its average volume of 55,070. Eaton Vance Tax-Managed Buy-Write Income Fund has a one year low of $13.58 and a one year high of $15.60. The business’s 50 day simple moving average is $14.99 and its 200-day simple moving average is $15.16.

Eaton Vance Tax-Managed Buy-Write Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.1058 dividend. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a yield of 8.4%.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.