Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 12,468 shares, a growth of 642.6% from the July 30th total of 1,679 shares. Based on an average daily trading volume, of 58,384 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the second quarter valued at about $25,000. Global Retirement Partners LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the second quarter valued at about $27,000. BlackRock Inc. bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth about $49,000. Twin Lakes Capital Management LLC bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth about $50,000. Finally, Allworth Financial LP acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 2nd quarter worth about $56,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.8%

Shares of ETB stock opened at $15.67 on Wednesday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52-week low of $13.86 and a 52-week high of $15.74. The firm’s 50 day moving average price is $15.46 and its two-hundred day moving average price is $15.27.

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

The business also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.1058 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%.

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.