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 increase in short interest during the month of January. As of January 15th, there was short interest totalling 46,100 shares, an increase of 36.8% from the December 31st total of 33,700 shares. Based on an average daily volume of 136,200 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Atria Wealth Solutions Inc. acquired a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund during the fourth quarter worth about $192,000. Strategic Financial Concepts LLC grew its stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 764.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 242,991 shares of the company’s stock valued at $2,262,000 after buying an additional 214,891 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 7.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 471,557 shares of the company’s stock worth $4,390,000 after buying an additional 32,303 shares during the last quarter. FLC Capital Advisors acquired a new stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the 4th quarter worth approximately $104,000. Finally, Stifel Financial Corp raised its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 28.9% during the 3rd quarter. Stifel Financial Corp now owns 69,091 shares of the company’s stock valued at $636,000 after buying an additional 15,497 shares during the period.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Down 0.2 %

NYSE:ETJ opened at $9.21 on Friday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.95 and a one year high of $9.60. The stock 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 Dividend Announcement

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

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.