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

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 5,800 shares, a growth of 34.9% from the September 15th total of 4,300 shares. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of ETO stock traded down $0.26 during trading hours on Tuesday, hitting $26.08. 15,412 shares of the company’s stock traded hands, compared to its average volume of 26,839. The stock’s 50 day simple moving average is $25.81 and its 200 day simple moving average is $25.33. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12 month low of $19.85 and a 12 month high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be paid a dividend of $0.173 per share. This represents a $2.08 dividend on an annualized basis and a yield of 7.96%. The ex-dividend date is Wednesday, October 23rd.

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

Several hedge funds and other institutional investors have recently bought and sold shares of ETO. Cornerstone Advisors LLC grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 22.6% during the first quarter. Cornerstone Advisors LLC now owns 307,755 shares of the investment management company’s stock valued at $7,688,000 after buying an additional 56,645 shares during the last quarter. Advisors Asset Management Inc. grew its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 62.0% in the 1st quarter. Advisors Asset Management Inc. now owns 131,113 shares of the investment management company’s stock worth $3,275,000 after purchasing an additional 50,182 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 30,798.0% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 46,347 shares of the investment management company’s stock worth $1,158,000 after purchasing an additional 46,197 shares in the last quarter. Karpus Management Inc. grew its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.6% in the 1st quarter. Karpus Management Inc. now owns 730,722 shares of the investment management company’s stock worth $18,253,000 after purchasing an additional 18,696 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 33.5% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 42,334 shares of the investment management company’s stock worth $1,058,000 after purchasing an additional 10,615 shares in the last quarter.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

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.