Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Update

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 102,500 shares, an increase of 11.8% from the November 30th total of 91,700 shares. Based on an average trading volume of 225,900 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of institutional investors and hedge funds have recently made changes to their positions in IGD. SP Asset Management LLC acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the second quarter worth $58,000. Choreo LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter worth $66,000. Strategic Financial Concepts LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the 2nd quarter valued at about $115,000. Sanctuary Advisors LLC purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter valued at about $176,000. Finally, Commonwealth Equity Services LLC raised its position in Voya Global Equity Dividend and Premium Opportunity Fund by 13.7% during the second quarter. Commonwealth Equity Services LLC now owns 64,123 shares of the investment management company’s stock worth $330,000 after acquiring an additional 7,717 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.7 %

Shares of IGD traded up $0.04 during mid-day trading on Wednesday, hitting $5.42. The company’s stock had a trading volume of 190,274 shares, compared to its average volume of 234,286. Voya Global Equity Dividend and Premium Opportunity Fund has a 1-year low of $4.90 and a 1-year high of $5.70. The firm has a 50-day simple moving average of $5.51 and a 200 day simple moving average of $5.48.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $0.60 annualized dividend and a dividend yield of 11.07%.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.