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

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

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

Several hedge funds have recently bought and sold shares of ETO. Calamos Advisors LLC boosted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.7% during the third quarter. Calamos Advisors LLC now owns 12,565 shares of the investment management company’s stock worth $381,000 after buying an additional 786 shares in the last quarter. Private Advisor Group LLC increased its holdings in 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 valued at $403,000 after buying an additional 2,458 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 19.2% in the third quarter. Blue Bell Private Wealth Management LLC now owns 16,661 shares of the investment management company’s stock valued at $505,000 after buying an additional 2,687 shares in the last quarter. First Trust Advisors LP raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.2% in the third quarter. First Trust Advisors LP now owns 133,320 shares of the investment management company’s stock worth $4,041,000 after acquiring an additional 4,191 shares during the period. Finally, Fifth Third Bancorp acquired a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the first quarter worth about $139,000.

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

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock traded down $0.21 during midday trading on Friday, hitting $29.75. 19,866 shares of the company were exchanged, compared to its average volume of 33,487. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a fifty-two week low of $25.68 and a fifty-two week high of $32.35. The business has a fifty day simple moving average of $30.34 and a two-hundred day simple moving average of $30.06.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a $0.2114 dividend. The ex-dividend date of this dividend is Monday, November 16th. This is a boost from Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund’s previous monthly dividend of $0.1733. This represents a $2.54 dividend on an annualized basis and a yield of 8.5%.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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.