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

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 3,800 shares, a decrease of 22.4% from the September 15th total of 4,900 shares. Based on an average daily trading volume, of 51,400 shares, the short-interest ratio is currently 0.1 days.

Shares of NYSE ETO traded down $0.01 during trading on Friday, hitting $21.68. The company had a trading volume of 52,972 shares, compared to its average volume of 71,858. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 52 week low of $10.84 and a 52 week high of $26.99. The business’s 50-day moving average is $21.37 and its 200 day moving average is $20.71.

The business also recently declared a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 23rd will be issued a $0.1425 dividend. The ex-dividend date is Thursday, October 22nd. This represents a $1.71 annualized dividend and a dividend yield of 7.89%. This is a boost from Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund’s previous monthly dividend of $0.14.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Guggenheim Capital LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 3.5% during the 1st quarter. Guggenheim Capital LLC now owns 218,484 shares of the investment management company’s stock valued at $3,878,000 after purchasing an additional 7,452 shares during the period. First Trust Advisors LP grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 13.8% during the 1st quarter. First Trust Advisors LP now owns 130,149 shares of the investment management company’s stock valued at $3,124,000 after acquiring an additional 15,797 shares in the last quarter. Formidable Asset Management LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 1st quarter valued at $1,956,000. Raymond James & Associates grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 39.9% during the 2nd quarter. Raymond James & Associates now owns 68,597 shares of the investment management company’s stock valued at $1,424,000 after acquiring an additional 19,563 shares in the last quarter. Finally, Morgan Stanley grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 27.5% during the 1st quarter. Morgan Stanley now owns 65,307 shares of the investment management company’s stock valued at $1,159,000 after acquiring an additional 14,079 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.

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