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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 32,600 shares, a growth of 434.4% from the March 31st total of 6,100 shares. Based on an average daily trading volume, of 119,500 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Shares of NYSE:EVT traded down $0.01 during midday trading on Thursday, reaching $22.64. The company had a trading volume of 74,398 shares, compared to its average volume of 118,646. The business’s 50 day moving average price is $22.88 and its 200 day moving average price is $21.79. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $18.70 and a 1-year high of $23.82.

Eaton Vance Tax-Advantaged Dividend Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a dividend of $0.165 per share. This is an increase from Eaton Vance Tax-Advantaged Dividend Income Fund’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $1.98 annualized dividend and a yield of 8.75%.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 5.8% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 286,615 shares of the closed-end fund’s stock valued at $6,764,000 after purchasing an additional 15,746 shares in the last quarter. Kessler Investment Group LLC bought a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 1st quarter valued at approximately $51,000. Accel Wealth Management increased its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 1.6% in the first quarter. Accel Wealth Management now owns 121,137 shares of the closed-end fund’s stock valued at $2,859,000 after purchasing an additional 1,886 shares during the period. Future Financial Wealth Managment LLC bought a new position in Eaton Vance Tax-Advantaged Dividend Income Fund during the first quarter worth $41,000. Finally, Emprise Bank acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 1st quarter valued at about $245,000.

About Eaton Vance Tax-Advantaged Dividend Income Fund

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.