Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Up 278.3% in May

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 26,100 shares, a growth of 278.3% from the April 30th total of 6,900 shares. Based on an average daily trading volume, of 70,600 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 1.0 %

NYSE ETB traded up $0.13 during trading hours on Friday, hitting $12.99. The company’s stock had a trading volume of 66,624 shares, compared to its average volume of 71,451. The stock has a fifty day moving average of $12.90 and a 200 day moving average of $13.39. Eaton Vance Tax-Managed Buy-Write Income Fund has a twelve month low of $12.61 and a twelve month high of $17.08.

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

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 22nd will be paid a $0.0932 dividend. This represents a $1.12 annualized dividend and a yield of 8.61%. The ex-dividend date of this dividend is Friday, May 19th.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Several large investors have recently bought and sold shares of ETB. MML Investors Services LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.1% during the first quarter. MML Investors Services LLC now owns 16,990 shares of the financial services provider’s stock worth $222,000 after acquiring an additional 831 shares in the last quarter. Truist Financial Corp increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 6.9% during the third quarter. Truist Financial Corp now owns 13,160 shares of the financial services provider’s stock worth $174,000 after acquiring an additional 850 shares in the last quarter. Raymond James & Associates increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 1.4% during the fourth quarter. Raymond James & Associates now owns 71,220 shares of the financial services provider’s stock worth $937,000 after acquiring an additional 974 shares in the last quarter. CFO4Life Group LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 1.9% during the first quarter. CFO4Life Group LLC now owns 52,639 shares of the financial services provider’s stock worth $687,000 after acquiring an additional 989 shares in the last quarter. Finally, Captrust Financial Advisors bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth $35,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

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Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-end investment fund, which engages in the investment in a portfolio of common stocks and write of call options. The company was founded on April 29, 2005 and is headquartered in Boston, MA.