Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 136.8% in September

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 43,100 shares, a growth of 136.8% from the August 31st total of 18,200 shares. Based on an average daily trading volume, of 113,800 shares, the days-to-cover ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

NYSE:ETG opened at $19.27 on Friday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $14.08 and a one year high of $19.40. The business has a fifty day moving average price of $18.64 and a 200-day moving average price of $18.37.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be paid a $0.1293 dividend. This represents a $1.55 annualized dividend and a dividend yield of 8.05%. The ex-dividend date of this dividend is Friday, September 20th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Cornerstone Advisors LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 47.6% during the 1st quarter. Cornerstone Advisors LLC now owns 1,122,602 shares of the company’s stock worth $20,487,000 after acquiring an additional 362,267 shares during the period. 1607 Capital Partners LLC purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter worth $6,015,000. Wells Fargo & Company MN raised its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 54.0% during the 4th quarter. Wells Fargo & Company MN now owns 454,532 shares of the company’s stock valued at $7,772,000 after purchasing an additional 159,324 shares during the period. Karpus Management Inc. lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 9.5% during the 4th quarter. Karpus Management Inc. now owns 1,390,813 shares of the company’s stock valued at $23,783,000 after buying an additional 121,045 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter worth $1,866,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.