Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Sees Significant Decrease in Short Interest

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 37,800 shares, a decrease of 33.2% from the November 15th total of 56,600 shares. Based on an average daily volume of 104,600 shares, the days-to-cover ratio is currently 0.4 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Down 0.6 %

Shares of EVT stock traded down $0.14 during trading on Friday, reaching $24.63. The company’s stock had a trading volume of 67,176 shares, compared to its average volume of 111,796. The stock’s 50-day moving average price is $24.87 and its 200 day moving average price is $24.16. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $21.70 and a 1-year high of $25.83.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a dividend of $0.1646 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.98 annualized dividend and a yield of 8.02%.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

A number of large investors have recently made changes to their positions in EVT. Future Financial Wealth Managment LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the third quarter worth about $44,000. GHP Investment Advisors Inc. purchased a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter worth approximately $73,000. Larson Financial Group LLC increased its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 233.3% in the third quarter. Larson Financial Group LLC now owns 3,000 shares of the closed-end fund’s stock valued at $74,000 after purchasing an additional 2,100 shares during the last quarter. Private Trust Co. NA lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 102.2% during the 3rd quarter. Private Trust Co. NA now owns 4,038 shares of the closed-end fund’s stock worth $100,000 after acquiring an additional 2,041 shares during the period. Finally, CWM LLC boosted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 588.1% in the 3rd quarter. CWM LLC now owns 5,546 shares of the closed-end fund’s stock valued at $137,000 after purchasing an additional 4,740 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.