Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Short Interest Up 14.3% in March

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETYGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,600 shares, an increase of 14.3% from the February 29th total of 22,400 shares. Based on an average daily volume of 247,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the second quarter valued at approximately $26,000. Koesten Hirschmann & Crabtree INC. purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the third quarter valued at approximately $27,000. Stonebridge Capital Advisors LLC purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the third quarter valued at approximately $33,000. Global Retirement Partners LLC lifted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 127.6% during the fourth quarter. Global Retirement Partners LLC now owns 2,836 shares of the investment management company’s stock valued at $34,000 after purchasing an additional 1,590 shares during the period. Finally, Tower Research Capital LLC TRC lifted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 3,031.3% during the first quarter. Tower Research Capital LLC TRC now owns 3,006 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 2,910 shares during the period.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

ETY traded down $0.05 during midday trading on Tuesday, reaching $13.19. The company’s stock had a trading volume of 254,441 shares, compared to its average volume of 243,412. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1 year low of $10.59 and a 1 year high of $13.47. The stock’s 50-day moving average is $12.97 and its 200-day moving average is $12.14.

Eaton Vance Tax-Managed Diversified Equity Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 21st were issued a $0.0805 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date was Wednesday, March 20th.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

(Get Free Report)

Eaton Vance Tax-Managed Diversified Equity 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 diversified sectors. The fund primarily invests in dividend paying stocks of companies.

Further Reading

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