Short Interest in Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Decreases By 33.2%

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

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Institutional investors have recently bought and sold shares of the company. Stratos Wealth Partners LTD. lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 3.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 364,005 shares of the closed-end fund’s stock valued at $8,987,000 after purchasing an additional 10,461 shares during the period. Summit Investment Advisory Services LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the third quarter worth approximately $890,000. Creative Planning increased its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 4.8% in the second quarter. Creative Planning now owns 19,183 shares of the closed-end fund’s stock worth $447,000 after purchasing an additional 882 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the second quarter valued at approximately $682,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 11.4% during the 2nd quarter. Cetera Investment Advisers now owns 92,661 shares of the closed-end fund’s stock worth $2,158,000 after buying an additional 9,480 shares in the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Shares of EVT stock opened at $24.63 on Friday. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $21.70 and a 1-year high of $25.83. The stock has a 50-day moving average of $24.87 and a 200-day moving average of $24.15.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a $0.1646 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.98 dividend on an annualized basis and a dividend yield of 8.02%.

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.