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 large growth in short interest in September. As of September 15th, there was short interest totalling 40,200 shares, a growth of 21.1% from the August 31st total of 33,200 shares. Based on an average trading volume of 151,200 shares, the days-to-cover ratio is currently 0.3 days.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

Shares of ETJ remained flat at $9.15 during trading hours on Monday. The stock had a trading volume of 159,265 shares, compared to its average volume of 159,645. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52-week low of $7.20 and a 52-week high of $9.25. The business’s 50 day moving average price is $8.96 and its two-hundred day moving average price is $8.68.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be issued a $0.0651 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $0.78 dividend on an annualized basis and a yield of 8.54%.

Institutional Trading of Eaton Vance Risk-Managed Diversified Equity Income Fund

A number of institutional investors have recently modified their holdings of the company. ORG Partners LLC purchased a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund during the first quarter valued at approximately $42,000. Weiss Asset Management LP acquired a new stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the 4th quarter worth $119,000. B. Riley Wealth Advisors Inc. purchased a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund during the 1st quarter worth $131,000. Ameritas Advisory Services LLC increased its position in Eaton Vance Risk-Managed Diversified Equity Income Fund by 7.4% during the 2nd quarter. Ameritas Advisory Services LLC now owns 18,506 shares of the company’s stock valued at $162,000 after buying an additional 1,278 shares in the last quarter. Finally, Centaurus Financial Inc. raised its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 2.6% in the fourth quarter. Centaurus Financial Inc. now owns 53,682 shares of the company’s stock valued at $421,000 after buying an additional 1,367 shares during the last quarter.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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.