Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Update

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 149,300 shares, a growth of 81.0% from the September 15th total of 82,500 shares. Based on an average daily volume of 549,100 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EXG. Hobbs Group Advisors LLC acquired a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the second quarter worth about $25,000. ORG Partners LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 1st quarter worth approximately $51,000. Register Financial Advisors LLC bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the first quarter valued at approximately $67,000. 9258 Wealth Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the first quarter valued at approximately $85,000. Finally, Beacon Investment Advisory Services Inc. bought a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the first quarter worth approximately $110,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 0.6 %

EXG opened at $8.56 on Monday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a twelve month low of $6.78 and a twelve month high of $8.80. The business’s 50 day moving average is $8.40 and its 200-day moving average is $8.32.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 23rd will be paid a dividend of $0.066 per share. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $0.79 annualized dividend and a yield of 9.25%. This is an increase from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.