Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Grows By 363.6%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 49,600 shares, a growth of 363.6% from the January 15th total of 10,700 shares. Based on an average daily volume of 131,000 shares, the days-to-cover ratio is currently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Up 0.6 %

ETG stock traded up $0.11 during mid-day trading on Thursday, hitting $19.12. 8,680 shares of the company were exchanged, compared to its average volume of 133,778. The business has a 50 day simple moving average of $18.70 and a 200-day simple moving average of $18.83. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1-year low of $17.02 and a 1-year high of $19.56.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.1293 per share. This represents a $1.55 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date is Friday, February 14th.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of ETG. Millstone Evans Group LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth approximately $26,000. Larson Financial Group LLC increased its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company’s stock worth $97,000 after acquiring an additional 3,500 shares during the period. Compass Planning Associates Inc acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter valued at $100,000. US Bancorp DE lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 9.9% during the 3rd quarter. US Bancorp DE now owns 8,188 shares of the company’s stock valued at $159,000 after acquiring an additional 740 shares during the period. Finally, GWN Securities Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth $231,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

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.