Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 36,884 shares, an increase of 39.6% from the February 26th total of 26,421 shares. Based on an average daily volume of 104,499 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Eaton Vance Tax-Advantaged Dividend Income Fund stock opened at $23.78 on Friday. Eaton Vance Tax-Advantaged Dividend Income Fund has a one year low of $19.20 and a one year high of $26.65. The company’s fifty day moving average price is $25.60 and its two-hundred day moving average price is $24.91.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.1646 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 5.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 31,002 shares of the closed-end fund’s stock valued at $758,000 after purchasing an additional 1,483 shares during the last quarter. CWM LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 100.7% in the third quarter. CWM LLC now owns 12,485 shares of the closed-end fund’s stock worth $305,000 after buying an additional 6,264 shares during the last quarter. Shikiar Asset Management Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the third quarter worth $489,000. Osaic Holdings Inc. boosted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 7.6% during the 2nd quarter. Osaic Holdings Inc. now owns 227,074 shares of the closed-end fund’s stock worth $5,473,000 after buying an additional 16,058 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 2nd quarter worth $176,000.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.