Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Short Interest Update

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 46,100 shares, a growth of 36.8% from the December 31st total of 33,700 shares. Based on an average daily trading volume, of 136,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. FLC Capital Advisors bought a new stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the 4th quarter valued at about $104,000. Pathway Financial Advisers LLC increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 841.4% in the third quarter. Pathway Financial Advisers LLC now owns 13,180 shares of the company’s stock valued at $121,000 after purchasing an additional 11,780 shares in the last quarter. Global Assets Advisory LLC bought a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund in the third quarter valued at approximately $132,000. Atria Wealth Solutions Inc. acquired a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund in the fourth quarter worth $192,000. Finally, Sigma Planning Corp boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 4.5% during the third quarter. Sigma Planning Corp now owns 30,090 shares of the company’s stock worth $277,000 after purchasing an additional 1,285 shares in the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

NYSE:ETJ opened at $9.21 on Friday. The firm has a 50-day moving average price of $9.28 and a 200 day moving average price of $9.14. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $7.95 and a 12-month high of $9.60.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.0651 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $0.78 annualized dividend and a dividend yield of 8.48%.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.