Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Sees Large Decrease in Short Interest

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 81,900 shares, a decrease of 21.0% from the February 28th total of 103,700 shares. Based on an average daily volume of 254,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Concurrent Investment Advisors LLC acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth about $55,000. PFG Investments LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter worth approximately $60,000. GWN Securities Inc. acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter worth approximately $72,000. Client 1ST Advisory Group LLC purchased a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter valued at approximately $89,000. Finally, Independent Advisor Alliance acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter valued at $105,000.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.3 %

Shares of IGD stock opened at $5.74 on Monday. The business’s fifty day moving average price is $5.53 and its 200 day moving average price is $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a 1-year low of $4.95 and a 1-year high of $5.74.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 10.46%. The ex-dividend date is Tuesday, April 1st.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.