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

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

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

Shares of ETO traded down $0.12 during trading hours on Friday, hitting $30.80. The stock had a trading volume of 28,508 shares, compared to its average volume of 39,329. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12 month low of $25.68 and a 12 month high of $31.26. The stock has a fifty day moving average price of $30.42 and a 200 day moving average price of $29.62.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

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

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Several hedge funds and other institutional investors have recently made changes to their positions in ETO. Bank of America Corp DE lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.3% in 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 purchasing an additional 18,220 shares during the period. Readystate Asset Management LP bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the first quarter valued at approximately $496,000. First Trust Advisors LP grew its position in 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 buying an additional 12,940 shares during the period. PNC Financial Services Group Inc. increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 71.9% during the first quarter. PNC Financial Services Group Inc. now owns 22,254 shares of the investment management company’s stock valued at $593,000 after buying an additional 9,310 shares during the last quarter. Finally, Calamos Advisors LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 13.5% during the first quarter. Calamos Advisors LLC now owns 10,993 shares of the investment management company’s stock valued at $293,000 after buying an additional 1,310 shares during the last quarter.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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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.

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