Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Rises By 76.0%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETGGet Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 23,827 shares, a growth of 76.0% from the August 15th total of 13,538 shares. Based on an average daily trading volume, of 79,184 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETG. Integrated Wealth Concepts LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter worth approximately $1,205,000. NewEdge Advisors LLC grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 252.2% during the 2nd quarter. NewEdge Advisors LLC now owns 18,436 shares of the company’s stock valued at $434,000 after acquiring an additional 13,202 shares in the last quarter. Susquehanna International Group LLP increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the second quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock worth $414,000 after acquiring an additional 6,911 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock worth $72,000 after acquiring an additional 434 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock worth $29,350,000 after acquiring an additional 155,996 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 0.6%

Eaton Vance Tax-Advantaged Global Dividend Income Fund stock traded down $0.14 during mid-day trading on Wednesday, hitting $22.84. The company’s stock had a trading volume of 113,898 shares, compared to its average volume of 120,546. The firm’s 50 day moving average is $23.71 and its 200 day moving average is $22.71. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52-week low of $19.34 and a 52-week high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.1293 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend is Tuesday, September 15th.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

(Get Free Report)

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.

Further Reading

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