Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Drops By 73.5%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 5,400 shares, a decline of 73.5% from the June 15th total of 20,344 shares. Based on an average daily volume of 42,829 shares, the short-interest ratio is presently 0.1 days.

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

A number of hedge funds have recently bought and sold shares of ETO. Harbour Investments Inc. purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the fourth quarter worth about $26,000. Kestra Advisory Services LLC bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the fourth quarter worth approximately $37,000. Advisory Services Network LLC purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter valued at approximately $39,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter valued at approximately $57,000. Finally, Fifth Third Bancorp bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the first quarter valued at approximately $139,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Down 0.4%

Shares of NYSE:ETO traded down $0.12 during midday trading on Friday, reaching $30.80. The company’s stock had a trading volume of 28,508 shares, compared to its average volume of 39,329. The firm has a 50 day moving average of $30.42 and a 200-day moving average of $29.62. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $25.68 and a 12-month high of $31.26.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.1733 dividend. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Wednesday, July 15th.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end management investment company listed on the New York Stock Exchange. The fund’s primary objective is to provide high after-tax total return, with a secondary emphasis on high current income. To meet these goals, ETO invests predominantly in dividend-paying equity securities of companies around the world, seeking to balance growth potential with income generation in a tax-efficient manner.

The fund employs a combination of long equity positions and options strategies, including covered call writing, to enhance income and manage portfolio volatility.