Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Sees Significant Increase in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,047 shares, an increase of 67.5% from the June 30th total of 5,400 shares. Based on an average daily trading volume, of 29,561 shares, the short-interest ratio is currently 0.3 days.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in ETO. Calamos Advisors LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 13.5% in the 1st quarter. Calamos Advisors LLC now owns 10,993 shares of the investment management company’s stock worth $293,000 after buying an additional 1,310 shares during the last quarter. Astoria Portfolio Advisors LLC. grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 20.6% in the first quarter. Astoria Portfolio Advisors LLC. now owns 50,168 shares of the investment management company’s stock worth $1,469,000 after acquiring an additional 8,575 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 19.4% in the first quarter. Private Advisor Group LLC now owns 15,132 shares of the investment management company’s stock worth $403,000 after acquiring an additional 2,458 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.3% during the first quarter. Silver Oak Securities Incorporated now owns 23,397 shares of the investment management company’s stock valued at $624,000 after acquiring an additional 518 shares in the last quarter. Finally, PMG Family Office LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.6% in the first quarter. PMG Family Office LLC now owns 8,004 shares of the investment management company’s stock worth $213,000 after buying an additional 562 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Up 0.2%

ETO traded up $0.07 during trading on Friday, hitting $30.96. 42,985 shares of the stock traded hands, compared to its average volume of 38,239. The firm has a 50-day moving average of $30.52 and a 200 day moving average of $29.70. 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 Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.1733 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Wednesday, July 15th.

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 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.