Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Shares Shorted: Short Interest Down 70.1% in October

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 5,825 shares, a decrease of 70.1% from the October 15th total of 19,461 shares. Based on an average daily volume of 23,015 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETO. Flagship Harbor Advisors LLC grew its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 4.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 149,257 shares of the investment management company’s stock valued at $4,524,000 after purchasing an additional 6,214 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.2% during the third quarter. First Trust Advisors LP now owns 133,320 shares of the investment management company’s stock worth $4,041,000 after purchasing an additional 4,191 shares during the period. Advisory Solutions Group LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the second quarter worth about $3,522,000. Bank of America Corp DE boosted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% in the first quarter. Bank of America Corp DE now owns 99,855 shares of the investment management company’s stock valued at $2,661,000 after buying an additional 18,220 shares during the last quarter. Finally, Advisors Asset Management Inc. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the third quarter valued at approximately $2,237,000.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Trading Down 0.7%

Shares of NYSE ETO traded down $0.21 during midday trading on Friday, reaching $29.75. The company had a trading volume of 19,866 shares, compared to its average volume of 33,487. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $25.68 and a 1 year high of $32.35. The business’s 50-day simple moving average is $30.34 and its 200 day simple moving average is $30.06.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be given a $0.2114 dividend. This represents a $2.54 annualized dividend and a dividend yield of 8.5%. The ex-dividend date of this dividend is Monday, November 16th. This is a positive change from Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund’s previous monthly dividend of $0.1733.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) is a closed-end investment company that seeks to provide current income and capital appreciation through a globally diversified portfolio of dividend-paying securities. The fund invests primarily in equity securities issued by companies in the United States and international markets, with an emphasis on businesses that generate dividend income. The fund may invest across a range of industries and geographic regions and can hold common stocks, preferred stocks, and other income-producing investments.