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 decrease in short interest during the month of May. As of May 29th, there was short interest totaling 31,537 shares, a decrease of 48.2% from the May 14th total of 60,899 shares. Based on an average daily trading volume, of 88,799 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Several hedge funds have recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 0.8% in the 3rd quarter. Bank of America Corp DE now owns 935,243 shares of the closed-end fund’s stock worth $22,867,000 after acquiring an additional 7,794 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 6.9% in the 3rd quarter. Raymond James Financial Inc. now owns 886,731 shares of the closed-end fund’s stock worth $21,681,000 after acquiring an additional 57,484 shares during the period. 1607 Capital Partners LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 6.2% in the 3rd quarter. 1607 Capital Partners LLC now owns 797,020 shares of the closed-end fund’s stock worth $19,487,000 after acquiring an additional 46,678 shares during the period. Joel Isaacson & Co. LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 18.3% in the 4th quarter. Joel Isaacson & Co. LLC now owns 745,247 shares of the closed-end fund’s stock worth $18,765,000 after acquiring an additional 115,474 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 5.3% in the 4th quarter. Wells Fargo & Company MN now owns 716,777 shares of the closed-end fund’s stock worth $18,048,000 after acquiring an additional 36,392 shares during the period.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Shares of NYSE:EVT traded up $0.07 on Friday, reaching $26.71. The company’s stock had a trading volume of 95,874 shares, compared to its average volume of 105,924. The stock’s 50-day moving average is $26.13 and its two-hundred day moving average is $25.55. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $23.00 and a 52-week high of $27.46.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.1646 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

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.