Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Sees Large Increase in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 64,800 shares, a growth of 65.7% from the October 15th total of 39,100 shares. Based on an average daily trading volume, of 113,900 shares, the short-interest ratio is presently 0.6 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of NYSE:ETG opened at $19.30 on Wednesday. The business has a 50-day simple moving average of $19.05 and a two-hundred day simple moving average of $18.67. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $15.37 and a fifty-two week high of $19.56.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a dividend of $0.1293 per share. This is an increase from Eaton Vance Tax-Advantaged Global Dividend Income Fund’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $1.55 dividend on an annualized basis and a yield of 8.04%.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Large investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter worth $153,000. Cornerstone Advisors LLC boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 47.6% in the first quarter. Cornerstone Advisors LLC now owns 1,122,602 shares of the company’s stock worth $20,487,000 after purchasing an additional 362,267 shares during the last quarter. Cetera Advisors LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter valued at about $300,000. Hennion & Walsh Asset Management Inc. increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 158.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 40,575 shares of the company’s stock valued at $755,000 after purchasing an additional 24,862 shares during the last quarter. Finally, Denver Wealth Management Inc. boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 7.1% in the second quarter. Denver Wealth Management Inc. now owns 19,201 shares of the company’s stock worth $357,000 after buying an additional 1,269 shares during the last quarter.

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.