Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Drops By 76.8%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 10,700 shares, a decrease of 76.8% from the December 31st total of 46,200 shares. Based on an average daily trading volume, of 125,400 shares, the days-to-cover ratio is presently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

ETG stock traded up $0.14 on Thursday, reaching $19.01. The company’s stock had a trading volume of 198,967 shares, compared to its average volume of 142,630. The business has a fifty day simple moving average of $18.72 and a two-hundred day simple moving average of $18.82. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12-month low of $17.02 and a 12-month high of $19.56.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a dividend of $0.1293 per share. This represents a $1.55 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date is Wednesday, January 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of ETG. Kestra Private Wealth Services LLC boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 67.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 30,436 shares of the company’s stock valued at $555,000 after acquiring an additional 12,279 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 7.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 21,718 shares of the company’s stock valued at $396,000 after purchasing an additional 1,527 shares during the period. Fourpath Capital Management LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter valued at approximately $273,000. Denver Wealth Management Inc. grew its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.8% in the fourth quarter. Denver Wealth Management Inc. now owns 19,906 shares of the company’s stock worth $363,000 after purchasing an additional 1,095 shares during the period. Finally, PFG Investments LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 7.6% in the fourth quarter. PFG Investments LLC now owns 22,360 shares of the company’s stock worth $408,000 after purchasing an additional 1,577 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend 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 value stocks of companies.