Short Interest in Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Rises By 36.8%

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) was the target of a significant increase in short interest in 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 trading volume of 136,200 shares, the short-interest ratio is currently 0.3 days.

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

A number of large investors have recently added to or reduced their stakes in ETJ. Janney Montgomery Scott LLC lifted its position in 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 valued at $4,390,000 after acquiring an additional 32,303 shares during the period. FLC Capital Advisors bought a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the fourth quarter valued at $104,000. Stifel Financial Corp raised its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 28.9% in the 3rd quarter. Stifel Financial Corp now owns 69,091 shares of the company’s stock worth $636,000 after purchasing an additional 15,497 shares during the last quarter. Centaurus Financial Inc. boosted its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 5.4% in the 3rd quarter. Centaurus Financial Inc. now owns 70,268 shares of the company’s stock worth $647,000 after purchasing an additional 3,610 shares in the last quarter. Finally, Sigma Planning Corp grew its position in Eaton Vance Risk-Managed Diversified Equity Income Fund by 4.5% during the 3rd quarter. Sigma Planning Corp now owns 30,090 shares of the company’s stock valued at $277,000 after purchasing an additional 1,285 shares during the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

Shares of ETJ opened at $9.21 on Friday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52-week low of $7.95 and a 52-week high of $9.60. The stock’s 50-day simple moving average is $9.28 and its 200 day simple moving average is $9.14.

Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis 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.