Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,497 shares, a decline of 38.5% from the August 31st total of 5,682 shares. Based on an average trading volume of 17,488 shares, the short-interest ratio is presently 0.2 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

NYSE:ETO traded up $0.36 on Friday, reaching $30.34. The company’s stock had a trading volume of 10,825 shares, compared to its average volume of 34,307. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $25.68 and a 12-month high of $32.35. The stock has a 50 day moving average price of $31.12 and a 200 day moving average price of $30.12.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $0.1733 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Thursday, October 15th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in ETO. 1607 Capital Partners LLC lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 8.5% in the 4th quarter. 1607 Capital Partners LLC now owns 239,386 shares of the investment management company’s stock worth $7,265,000 after buying an additional 18,808 shares in the last quarter. Advisory Solutions Group LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 2nd quarter worth $3,522,000. First Trust Advisors LP increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 11.0% during the first quarter. First Trust Advisors LP now owns 130,347 shares of the investment management company’s stock valued at $3,474,000 after purchasing an additional 12,940 shares during the period. Bank of America Corp DE raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% during the 1st quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock worth $2,661,000 after buying an additional 18,220 shares in the last quarter. Finally, Astoria Portfolio Advisors LLC. boosted its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 20.6% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 50,168 shares of the investment management company’s stock valued at $1,469,000 after purchasing an additional 8,575 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) is a closed-end management investment company that seeks to provide current income and total return through a globally diversified portfolio of dividend-paying securities. The fund is designed to emphasize income that may receive favorable tax treatment, while also pursuing long-term capital appreciation.

ETO primarily invests in equity securities issued by companies located in the United States and other countries, including developed and emerging markets.